The Federal Reserve’s interest rate decision comes as mortgage rates are at their lowest level in a year, while housing starts plunged in August.
National Association of Realtors (NAR) chief economist Lawrence Yun joins Market Catalysts with Julie Hyman to discuss how interest rate cuts could impact the housing market and what falling mortgage rates mean for housing demand.
To watch more expert insights and analysis on the latest market action, check out more Market Catalysts here: https://finance.yahoo.com/videos/series/market-catalysts/
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