The Federal Reserve is scheduled to meet this month to discuss monetary policy and interest rates, drawing significant attention from homebuyers. Following a series of interest rate cuts last year, mortgage rates have improved but still need to decrease to attract more buyers. To prepare, homebuyers should shop around for lenders, explore adjustable-rate mortgage options, and consider locking in a rate before the Fed meeting on March 17 to protect against potential rate increases.
Want More Context? 🔎