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Episode 68: May 2024 Market Update: What Homebuyers Need to Know
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In this episode, we're diving into the ups and downs of the current economic scene, focusing on why mortgage rates are still high despite the Federal Reserve's moves. We'll break down what's keeping those rates up, how it's affecting homebuyers and the real estate market, and what it all means for you.
We'll chat about the Fed's rate policies, rising consumer debt, and why the days of super low interest rates might be over. Plus, we’ll look at job market trends, inflation, and what experts think the future holds for interest rates and the housing market.
Whether you're buying a home, working in real estate, or just curious about the economy, this episode has the insights you need to understand and navigate today's financial world. Tune in and get the scoop on what's really going on out there!
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