📉 The Fed Cut Rates, But Mortgage Rates Went UP?! 📈

📉 The Fed Cut Rates, But Mortgage Rates Went UP?! 📈 Last week, the Federal Reserve lowered the prime lending rate by a quarter point, but instead of mortgage rates dropping, they increased. Here's why: Chairman Powell signaled that future rate cuts might slow down, and the markets reacted fast—causing a jump in mortgage rates and a drop in the Dow. 💡 What does this mean for you? If you're waiting for Fed decisions to bring down mortgage rates, it might not work the way you expect. Now more than ever, having expert guidance is key. 🏡 Thinking of buying a home or making a move? We’re here to help you make smart decisions in today’s market. Reach out today! #BrownellTeamRealtors #RealEstate #LasVegas #Homeselling #MarketUpdate ------------------------- 🔻ABOUT US🔻 Brownell Team Realtors® represents the region's finest properties with exceptional skill using the most innovative technologies currently available. The team offers ultimate privacy and security, speed, and efficiency. Our team's years of full-time experience have given us a clear understanding of the complex mindset of both home buyers and sellers and a thorough understanding of the regional marketplace. As a team, we are solely focused on serving our clients and those they refer to us, wholeheartedly. We rely on people like you for your endorsement to others. To us, your satisfaction is critical. It is the foundation of our company. We pride ourselves on being courteous, genuine and professional. Our team has worked hard to gather accurate information about the Las Vegas area and its real estate market to make sure our Buyer and Seller clientele are informed and confident in our work. Our Goal - To exceed your expectations. Our Philosophy - We strongly believe in providing high quality and trustworthy service to our clients in order to build trusted relationships that are referral-based. 🔻WATCH NEXT🔻 ⏩ Buying a Home    • Buying a Home   ⏩ Selling your Home    • Selling Your Home   ⏩ Market Updates    • Las Vegas Real Estate Market Updates   🔻CONTACT INFO🔻 👉Want to buy a home in Las Vegas? https://www.brownellteamrealtors.com/... 👉Looking to sell your Las Vegas area home? https://www.brownellteamrealtors.com/... David Brownell, Tiffany Harris, Dorthy Sierra, and Russell Marco Brownell Team Realtors Real Broker, LLC 9506 W Flamingo Rd #100 Las Vegas, NV 89147 📞(702) 376-9789 💻http://brownellteamrealtors.com 🔻FOLLOW US 🔻 Facebook:   / brownellteam   Twitter:   / btrealtors   Instagram:   / btrealtors   Brownell Team Realtors 📱702-376-9789 Real Broker, LLC License# NVBS.37022