Mortgage Update | Fed Rate Cut Likely September 17th
Mortgage Update | Fed Rate Cut Likely September 17th
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Hey, it's Ken with a quick mortgage update.
The latest jobs report showed:
– Fewer full-time jobs
– Unemployment ticking up
– Pressure on the Fed to finally cut rates
Markets are now expecting a rate cut on September 17th, with more cuts likely this year.
💡 What this means for buyers:
Lower rates = more affordability, more room in the budget, and new opportunities if you've been waiting on the sidelines.
If you're wondering how this could impact your buying or refinancing plans, I'd be happy to walk you through your options.
Ken Graczak – NMLS 184394 with CFR Mortgage NMLS 2474471
📞 612-324-8454
www.kengraczak.com
📧 ken@kengraczak.com
📅 Schedule a call – www.bookwithken.com