The Federal Reserve just announced its second interest rate cut of the year and officially ended Quantitative Tightening (QT) following a mild inflation report. This move is already making waves in the housing market, creating new opportunities for both homebuyers and sellers.
What This Means for Homebuyers
With mortgage rates now hovering near multi-year lows, buyers have a rare opportunity to lock in lower monthly payments and increase their purchasing power. Whether you’ve been waiting for the right time to buy your first home or move up to your next one, this rate cut could be the green light you’ve been waiting for.
What This Means for Home Sellers
Lower interest rates often translate into more active buyers and stronger offers. As affordability improves, more people re-enter the market, which can boost demand and help homes sell faster and closer to asking price.
Why It Matters for the Real Estate Market
This combination of falling rates and renewed buyer interest suggests a potential rebound in housing activity heading into the next few months. For anyone considering a move, now’s the time to watch the trends closely and prepare your strategy.