Feds cuts interest rates for 3rd time..

[Mark Younger]

The Federal Reserve cut interest rates for the third time this year as the US economy continued slowing amid ongoing trade disputes and weak global growth.The federal funds rate, which affects the cost of mortgages, credit cards and other borrowing, will now hover between 1.5% and 1.75%.

Hello BP Members,

So I am a taking classes for my REA license and a current college grad. I have questions to Investors, Mortgage Lender, Hard Money Lenders or anyone experience in Real estate. Are these Feds Cuts Efficient ? And is it really a good time to refinance your mortgage or invest in real estate today? I am currently in New Rochelle, NY. I want to invest in Bronx, Brooklyn, Queens, Westchester, Atlanta.