Agar: Rate Cut Won't 'Move Needle' for Home Buyers

Eric Agar talks about the "slow" summer for the housing market ahead of Tuesday morning's Case-Shiller home price index report. While many investors in the space are hopeful an interest rate cut from the Fed will reinvigorate the market, Eric isn't as bullish on that prospect. He argues mortgage rates are vastly unchanged from three years ago, believing a 25bps cut won't change anything.

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