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Global central banks have begun cutting interest rates, a move that is lowering borrowing costs and signaling a potential resurgence in the real estate market.
The Federal Reserve's recent interest rate cut is unlikely to cause a significant, sustained drop in mortgage rates due to market factors like inflation and bond yields.
The Federal Reserve cut its benchmark interest rate by 25 basis points, prompting criticism from a White House advisor who called for a more aggressive reduction.
The Federal Reserve is expected to cut interest rates, but real estate experts caution the move will not be a quick fix for the market's underlying challenges.
The Federal Reserve is expected to announce a 0.25% interest rate cut on September 17, its first reduction of 2025, in response to cooling inflation and a softer job market.
