Ep. 119 - Are Lower Mortgage Rates Ahead in 2024? | December Fed Meeting

In this episode, Quinton provides an in-depth analysis of the Fed's latest decision to pause interest rate hikes. He discusses how this pause aligns with expectations based on recent economic indicators showing inflation cooling down. Key topics include interpreting the Fed dot plot forecasts, analyzing trends in birth rates and household formations, anticipating the impact on mortgage rates and housing prices, guidelines for gauging labor market softness, and overall market reactions to the Fed's neutral stance. If you’re curious about where the market is headed in 2024, this is the episode for you.

[00:00 - 01:38] - Fed commentary summary

[01:39 - 03:56] - Household formations graph

[03:57 - 07:39] - Importance of the rate pause

[07:40 - 09:46] - Where rates are headed in 2024

[09:47 - 13:29] - Economic indicators to watch

Key Quote:

“If you're a buyer that's been sitting on that sideline, now is going to be that time you've been looking for." - Quinton Harris

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