Why the Fed’s Rate Cut Matters for Real People (And Your Next Move)

Fed Rate Cut: What It Means for Your Home Plans!

As your local real estate expert, I’m excited to share the latest on the Federal Reserve’s recent rate cut and what it means for your homebuying or selling plans. Many of you have asked if this cut instantly lowers mortgage rates. The short answer? It’s a great step, but not a direct switch. Let’s break it down with some positive insights.

The Fed’s Move in a Nutshell

On September 17, 2025, the Fed cut its benchmark rate by a quarter point to 4.00%–4.25%, signaling a boost for the economy. While this doesn’t automatically slash mortgage rates, it sets the stage for better affordability. Mortgage rates are tied more to the 10-year Treasury yield, inflation trends, and market reactions, which can cause short-term ups and downs.

What Happened This Month?

Before the cut, anticipation drove rates down to about 6.26% for a 30-year fixed loan—a recent low that got buyers moving. After the cut, rates ticked up slightly to around 6.40% by September 29, as markets adjusted to new economic data. Don’t worry—these fluctuations are normal, and rates are still well below the 7%+ peaks from earlier this year.

What This Means for You

• Buyers: Rates around 6.40% mean more savings than earlier highs, and with more cuts possibly coming in 2025, now’s a great time to explore. The market is still trending towards a buyer's market, and buyers can be bullish in offers made.
• Sellers: Lower rates are bringing buyers back, which will start to increase demand for your home. Buyers are still asking for closing costs to help get that payment even lower. Good homes, Priced Correctly, are still fielding top dollar.
• Everyone: With inventory rising and rates trending down, 2026 could be your year to make a move.

Ready to Act?

This rate cut is a window of opportunity. Whether you’re buying, selling, or just curious about our local market, I’m here to guide you with tailored advice. Reply to this email or call me at 801-664-8789 to discuss your next steps.

What do you think about these changes? Hit reply—I’d love to hear from you!