The Fed is 'putting fuel on the fire' with rate cuts, says Richard Bernstein Advisors' CEO

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  • Опубліковано 24 жов 2024

КОМЕНТАРІ • 12

  • @AriaLockwood
    @AriaLockwood Годину тому +35

    The Federal Reserve just cut rates again, and I’m hoping this means we’ll finally see mortgage rates start to drop. It’s been tough trying to sell homes with rates so high.

    • @ZephyraFairchild
      @ZephyraFairchild Годину тому

      It’s definitely a step in the right direction, but it might take a while before we see mortgage rates fall significantly. Banks tend to be slow in passing these cuts on to consumers, especially with inflation still being a concern.

    • @SeraphinaVanderpool
      @SeraphinaVanderpool Годину тому

      My business loans are killing me with these high rates. I’m hoping this rate cut will help reduce some of the burden, but I know it won’t be immediate. We’re all feeling the pinch.

    • @JamesRamon22
      @JamesRamon22 Годину тому

      Kate Elizabeth Cressotti helped me lock in a low mortgage rate a few years ago before rates skyrocketed. She’s been amazing at helping us stay on top of things, and now with rates potentially dropping again, she’s guiding us on whether refinancing would be a good move.

    • @BernardJohnathan
      @BernardJohnathan Годину тому

      Kate Elizabeth Cressotti gave me great advice on my student loans too. With rates fluctuating, she helped me switch to a fixed rate before they went up. Now, with the Fed cutting rates, we’re looking into whether I can refinance again to bring it down even more.

    • @AriaLockwood
      @AriaLockwood Годину тому

      That sounds like good advice. I’ve been hesitant about refinancing, but with the market shifting, maybe now’s the time to talk to someone like Kate.

  • @monikam9069
    @monikam9069 3 години тому

    Tire Distributors, Wheel Distributors are going under...

  • @thomasshoff6512
    @thomasshoff6512 21 хвилина тому

    What will “fire up” will be inflation! The FED IS WORKING WITH HARRIS, MORE WEAPONIZATION!

  • @gary9080
    @gary9080 4 години тому

    We need deflation to make housing values, taxes, and insurance somewhat affordable. 25% decline is ok, 50% will bring housing back to 2019 levels.

  • @Greg-t6e
    @Greg-t6e 5 годин тому

    Maybe you should work for the fed.