... And The Real Estate Market Didn't Crumble
Once again the Fed didn't drop interest rates
And while there is a perception
that home buyers will not buy right now
there is a growing number of buyers buying
admittedly many are cash buyers
that are largely unaffected by interest rates
but there is also a signifcant amount
that are making purchases despite the rates
there are a number of ways to reduce the rate
including a refinance down the road
when people are going to move
its common that they will do so
regardless of interest rates
I do believe that interest rates will gradually go down
over the couse of the year
for the moment
concerns of inflation and other uncertainty
will cause the rate drops to be slow at first
and increase over time
today's show breaks down how and when it will happen
