Bill Rapp - Commercial & Residential Mortgage BrokerWhy Mortgage Payments Feel So Expensive Right Now It's Not Just Rates
Bill Rapp - Commercial & Residential Mortgage BrokerHey everyone! 📢 Big news from Federal Reserve Chair Jerome Powell! He just hinted that we might see a rate cut as early as September! 🗓️ This announcement is creating quite a buzz across various sectors, especially in commercial real estate. Let’s break down what this could mean for us! 🏢💼
Bill Rapp - Commercial & Residential Mortgage BrokerThe Federal Open Market Committee (FOMC) held interest rates steady on Wednesday, marking the seventh consecutive meeting where it kept the central bank’s discount rate between 5.25% and 5.5%.