The Federal Reserve just announced a half-point rate cut, dropping the federal funds rate to 4.75%. But what does this mean for you, whether you're a homebuyer, borrower, or saver? In this video, I’ll explain how this decision impacts you and your financial future. 📉
🏡 Homebuyers: Mortgage rates are likely to fall below 6%, which means lower monthly payments for new homebuyers. This could be the perfect opportunity to jump into the housing market and secure a more affordable mortgage.
Whether you’re in the market for a home or considering your investment strategies, understanding these changes is crucial. Stay tuned for more updates as the Fed continues to manage inflation and the economy!
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CONTACT ME:
📱Call/Text: 561-203-8653
📧Email: Dennis@WeHaveYourDreamHome.com
🌐Website: www.WeHaveYourDreamHome.com
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🔔SUBSCRIBE HERE: rem.ax/LueYatTH-camChannel
📅Set An Appointment To Chat About SELLING Your Home: rem.ax/sellerapt
📅Set An Appointment To Chat About BUYING A Home: rem.ax/buyerapt
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FEDS SHOCKING September 2024 Move Will Affect Your Money Chapter TimeStamps:
00:00 Introduction
00:11 Breaking News About Announcement by The Feds
00:38 How Does The Rate Cut Save You Thousands of Dollars
01:30 Does The Rate Cut Affect Me Negatively?
If you find this video helpful please Share and Like, And don't forget to SUBSCRIBE 🔔
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ABOUT
Dennis Lue Yat is a Palm Beach County Florida Real Estate Agent specializing in Residential, New Home Construction, Second Homes, and Relocation with RE/MAX Prestige. Dennis serves as the TEAM LEADER of The Lue Yat Team and also holds his Broker’s License. Dennis is passionate about providing quality service to his customers whether they are selling or buying real estate. Dennis is a big believer in leveraging technology to assist with buying and selling real estate. Here are some of the main areas that Dennis and his team focus on but are not limited to representing their customers in: Wellington, Royal Palm Beach, Loxahatchee, Loxahatchee Grooves, The Acreage, West Palm Beach, Greenacres, Jupiter, Palm Beach Gardens, Boynton Beach, Lake Worth, Lake Worth Beach, North Palm Beach, South Palm Beach, Delray Beach, and Boca Raton.
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CONTACT ME:
📱Call/Text: 561-203-8653
📧Email: Dennis@WeHaveYourDreamHome.com
🌐Website: www.WeHaveYourDreamHome.com
🏠Search Homes For Sale: rem.ax/searchFLhomes
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**All stats, data, house pricing, and anything else mentioned is always subject to change and is provided merely as an example at the time of this recording**
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