What’s New in Real Estate: Fed Rate Cut, Unemployment, and Home Sales Update #tsrig We talk about the Fed potentially cutting interest rates soon, with a decision expected by September 18th. Unemployment is up to 4.3% and inflation in July was lower than expected. July home sales are up 1.3%, breaking a four-month slump, although sales are still at the 1990 levels. However, with falling mortgage rates, we could see improvements soon. And if you’re buying, now is the time as there is less competition, fewer bidding wars, and rates are down 1% from last year. #RealEstate #FedInterestRates #Unemployment #Inflation #HomeSales #MortgageRates