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The Friday Intel | 07.24.26: The $321 Cost of a Fed "Hold"

Season 1 Episode 148 Published 3 months, 2 weeks ago
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The Federal Reserve held its benchmark rate steady for a fourth straight meeting in June — but Westchester County home costs didn't hold still at all. This week, The Friday Intel runs the actual math: a 30-year mortgage rate that just hit 6.55%, the highest in nearly a year, layered on top of a Westchester median home price that crossed $999,000, up 16.2% year over year. We calculate exactly what that combination costs a buyer on a real loan, and why "the Fed held" is not the same thing as "your housing costs held."

In This Episode:
0:00 — Cold Open
0:30 — Intro and Context
1:30 — The Data: the rate, the median price, and the sales slowdown
3:30 — The Surprise: why a Fed hold isn't a pause button on your costs
5:00 — What This Means For You
6:00 — Close

Sources: U.S. News (national mortgage rate data), Federal Reserve FOMC statement, Houlihan Lawrence Q2 2026 market report via Westfair Communications.

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