How the Fed’s Rate Moves Could Help Home Buyers in 2024

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.8 • 1.6K Ratings

🗓️ 2 February 2024

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Federal Reserve is expected to begin reducing interest rates later this year as it gauges the rate of inflation. Wall Street Journal personal-finance reporter Veronica Dagher joins host J.R. Whalen to discuss how prospective home buyers can take advantage of the delay and secure attractive mortgage rates now. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Like some kind of Pizza Ninja, Domino's are slicing their prices.
0:05.0	Domino's price slice.
0:07.0	Small pizzas now 8 quid, medium now 10 quid,
0:10.0	and large now 12 quid.
0:12.0	Yet we're making cuts too.
0:14.0	In 11th of February 24, minimum delivery spend, charges and areas may apply.
0:18.0	To and see, see Domino's.
0:20.0	UK. Here's your money briefing for Friday, February 2nd. I'm J.R. Whelan for the Wall Street Journal.
0:30.0	The Federal Reserve held interest rates steady this week and signaled it could begin
0:34.8	lowering rates later this year. Mortgage rates could follow suit.
0:39.8	They were looking better overall than they did in 2023.
0:43.3	The chief economist at National Association of Realtor
0:46.4	sees mortgage rates dropping to around 6.5
0:50.7	for the rest of the year.
0:52.3	Another economist at Redfin sees rates in a low sixes by December.
0:58.0	So they have been falling and a lot of homebuyers are really hopeful they're going to
1:04.9	continue to fall. We'll talk to Wall Street Journal personal finance reporter
1:08.7	Veronica Dagger after the break. fees. The F word in travel. With an H.S.C. Global Money Account, you can drop
1:29.8	f-f-s from Acapulco to Zurich. That means no fucks here.
1:33.0	No fucks here.
1:34.0	A hundred.
1:35.0	No fucks here. Howdy and definitely no fies here.
	...

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