North Texans hopeful Federal Reserve rate cut will help homebuyers and create jobs

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The economic relief buyers have been looking for over a period of nearly two years is here.

On Wednesday the U.S. Federal Reserve announced it would be cutting its key interest rate by half a percent, a landmark in the country’s recovery from inflation that hit its highest point in four decades from 2021-22.

Leaders in the real estate industry in the metroplex said this rate cut should make an immediate difference for homebuyers and it could be just the start of an economic improvement…

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