A Fed rate cut \neq lower mortgage rate.
Mortgage rates track long-term Treasury yields and inflation expectations, not the Fed's short-term rate. Cuts are often priced in already. Lenders fear slowing growth/risk, keeping rates high. The cut primarily helps bank funding, not your 30-year loan. Wait for inflation to cool and bond yields to fall for real relief. $ETH

ETHUSDT
Perp
3,089.64
-0.56%

SOLUSDT
Perp
130.02
-2.08%

BTCUSDT
Perp
88,554.7
-1.75%