Could the Federal Reserve interest rate cut boost the US housing market?
Danielle KayeBusiness reporter EPA-EFE/REX/Shutterstock A picture taken with a drone shows single-family homes in Woodbridge, Virginia, USA, 02 January 2024. Aileen Barrameda is planning to buy a house in Los Angeles in the coming months. Stubbornly high mortgage rates – twice what she locked in at the start of the coronavirus pandemic – are not…