Real estate whores were preaching rate cuts will cut rates... well fed cut the rate but top end of the curve still high so that mortgage rate correlates.
What's the next goal post this people will come with?
Also, inflation rate seems to be ticking up in services, yet fed still did 25 basis point cut to appease money changers on wall street.
I doubt we will be getting another cut.
Housing market is gonna continue this Mexican stand off. We know wage slaves aint getting extra money to make this market, and real estate whore's lower interest narrative is about tapped out...
There this third option to make the market folks... owners gonna need to figure it out if they are really interested in making that sale.
"free" market lol