There are some compelling reasons why homebuyers may want to act now that the Fed has cut rates. Here's what to know.

Over the past few years, elevated mortgage rates and sky-high housing prices have contributed to a lack of home affordability.

Asian markets have forged higher after the Federal Reserve kicked off its efforts to prevent a recession in the U.S. with a bigger-than-usual cut to interest rates

MORE: What does the Fed interest rate cut mean for mortgages and homebuyers? By the end of 2024, interest rates will fall another half of a percentage point from their current lev

After years of rate hikes in its effort to tame rising inflation, the central bank has elected to do something it hasn’t done since 2020: make a cut. While on one hand the Feds