09/19/2024
Exciting news for investors! The much-anticipated rate cut is here! Yesterday, the Fed announced a 50-basis point reduction, lowering rates from 5.25-5.5% to an impressive 4.75-5%. We’ve already observed some market movement in anticipation of this cut, and the future looks bright for commercial real estate (CRE). If you’re looking to seize this opportunity as cap rates compress, we’re eager to discuss how we can help you achieve your investment goals. Give me a call: 901-871-3793
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Federal Reserve lowers interest rates by 0.50 percentage points in first cut since 2020 - CBS News