Interest rate cuts (for the most part) have not helped most of the economy and the all important bond market (which dictates mortgage rates) has not risen much forcing interest rates down only slightly down this year.
The FED meets again soon.
The question is on everyone's mind; Are they done cutting rates? and , w ill rate cuts help stop a real estate market decline?
Opinions differ. Look at these 2 opposing opinions
Rate Cuts May Not End As Soon As Wall Street Thinks - by CNBC
and
5 Reasons the FED is Done - or Should Be! - US News & World Report
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