Yesterday’s interest rate cut could have psychological impact on homebuyers
Yesterday, the Federal Reserve announced that it had cut its key interest rate by a quarter-point to a range of 2 to 2.25 percent. This marked the first time the central bank had reduced its benchmark rate since December 2008. I asked Real Estate Center Chief Economist Dr. Jim Gaines what impact this could have […]The post Yesterday’s interest rate cut could have psychological impact on homebuyers appeared first on Texas Real Estate Research Center.
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