With the Fed cut yesterday, an attempt is being made to reverse that, reports Inman News: "Incoming information suggests that economic growth is slowing, reflecting the intensification of the housing correction and some softening in business and consumer spending," the committee said in a statement explaining the decision. HowWill the Fed rate cut affect your Sedona home loan?Yesterday, this Sedona real estate blog mentioned that the economy is slowing, possibly heading into a recession. Home is where the heart is. That much is true. But home is also where money is. As the saying goes, "There's nothing like a home for a good investment." Touché. This is why for most people, buying a new home is probably the biggest financial decision they'll ever have to make.
