The Fed is sending shockwaves through the market.

Powell all but confirmed a rate cut is coming September 17th and the odds are nearly 90%. Mortgage rates have already dipped in anticipation, giving buyers an extra $30K+ in buying power compared to earlier this year.

Here’s what that means for you:

• Buyers: More affordability, bigger budgets, and homes that were out of reach just months ago.

• Homeowners: Refinances are back, maybe saving you hundreds every month.

• Agents: More buyers are jumping in, and applications are already climbing.

But here’s the catch: Fed cuts don’t guarantee mortgage rates will keep falling. Remember, last year, rate cuts were followed by rates rising again completely wasting everybody’s time.

Translation? The window we’re seeing right now might be short-lived.

The fall market is shaping up to be one of the busiest in years.

For buyers, the question is: are you ready to make a move before the crowd?