09/18/2024
About damn time. The federal reserve dropped the rate 50 base points today!! They recklessly raised the rates 11 times in less than 18 months then held it high for over a year with economic data pointing to the higher rate hurting our economy. This crippled the residential real estate industry by making homeownership an impossibility. Every industry is effected by interest rates and the ones that get hurt the most are your families and small businesses not the politico elite calling the shots.