What Does The Rate Cut Mean?
I am sure you heard about the rate cut, but what does that mean now?
It may affect your purchasing power, but we have to wait and see how each lender reacts, just because the rate goes down doesn't mean they have to lower their rates too.
If you are a seller the good news is that we may see another uptick in the market.
If you are a buyer, check in with your lender and know where your pre-approval is. Check in with us and let's plan for what the market may bring.