What kind of difference could a quarter of a point make? Plenty, according to some real estate developers and industry pros who say the Federal Reserve’s expected interest rate cut on Wednesday — which would be the first since 2008 — will make deals more profitable by lowering borrowing costs. Commercial developers will find it easier to finance projects, but the biggest gain will be in single-family homes, according to Noah Breakstone, a Fort Lauderdale, […]
source https://therealdeal.com/national/2019/07/31/heres-what-a-fed-reserve-rate-cut-would-mean-to-the-us-housing-market/#new_tab
No comments:
Post a Comment