Pulais: There is still a great deal of uncertainty regarding the final rate cut by the Federal Reserve

Tim Murray of Pruce said that the Federal Reserve may further cut interest rates to alleviate interest pressure, but there is uncertainty regarding the extent of the cuts. Despite the rapid rate hike cycle of the Federal Reserve, the U.S. economy does not seem to be in recession. Rate cuts could stimulate financing activities, especially in the real estate market. Investors should adjust their expectations for economic growth in 2025, as rate cuts may drive consumer spending, but currently, the improvement in consumers' interest costs is limited. The 30-year fixed mortgage rate is at 6.4%, which is above historical levels, leading homeowners to be reluctant to sell properties