Navigating the Future: The Fed's Impact on Home Buying

Stephen and Derick tackle the intricate dance between the Federal Reserve's policies and the home buying process. "Navigating the Future: The Fed's Impact on Home Buying" delves into how the Fed's rate decisions influence mortgage rates, and consequently, buyers' decisions in the housing market. Despite a common misconception, it's not the Fed that directly sets mortgage interest rates; it's inflation's interplay with Fed rate adjustments that buyers should watch. This episode breaks down the federal funds rate, its ripple effects on borrowing costs, and what this means for both current and prospective homeowners.