Jerome Powell and the Fed cut the federal funds rate by another 25 bps, stating concerns about high unemployment and a weak job market. On today’s show, Christian and David discuss if this will affect mortgage rates, how they could be affected, and what the Fed is seeing in the economy that led to this decision. The episode covers economic concerns, what to watch out for as RE investors, and possibly most importantly how this situation is different than the last crash in 2010 when the economy suffered. If you’re invested in RE and want to know what to expect, download the show today!
