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Updated 10 months ago on . Most recent reply

User Stats

287
Posts
102
Votes
Ed B.
  • Real Estate Investor
  • Sacramento, CA
102
Votes |
287
Posts

Projections for interest rates?

Ed B.
  • Real Estate Investor
  • Sacramento, CA
Posted

As everyone likely knows interest rate cuts that were projected to happen so far this year haven't happened. Instead, rates are increasing.   If Donald Trump wins the November election, I'm projecting and hoping rates will begin to decrease. Does anyone agree or disagree?

Most Popular Reply

User Stats

317
Posts
289
Votes
Manny Vasquez
  • Real Estate Agent
  • Orange County
289
Votes |
317
Posts
Manny Vasquez
  • Real Estate Agent
  • Orange County
Replied

Interest rates will not go down unless the FED's #1 target goes down....and that is inflation.  We are currently running close to 4% inflation, and the FED's target rate is typically around 2%.  So, not until we get closer to that target rate of 2% will the FED begin to cut interest rates.

  • Manny Vasquez

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