Today’s News Synopsis:
Fed Poised for Rate Cut as Shutdown Clouds Outlook
Analysts expect the Federal Reserve to lower rates Wednesday, with attention shifting to its economic outlook amid a 28-day government shutdown.
In The News:
Investopedia – “The Federal Reserve’s Meeting Starts Today—Here’s What You Need to Know“ (10-28-25)
“The Federal Reserve is expected to cut interest rates to a range of 3.75%–4%, but officials remain divided and cautious amid unclear economic data.”
NAHB – “Senate Panel Passes NAHB-Backed Forestry Bill” (10-21-2025)
“The Senate, Agriculture, Nutrition and Forestry Committee today advanced the Fix Our Forest Act, NAHB-supported legislation that will contribute to better forest management practices, help strengthen the nation’s housing supply chain and promote affordable housing opportunities for all Americans.”
MortgagePoint – “Consumers Split on Expected Fed Rate Cut as Borrowing Costs Stay High” (10-28-25)
“Consumers have mixed reactions to tomorrow’s 25-basis point rate cut by the FOMC on Wednesday, according to a WalletHub survey.”
Realtor.com – “Budget-Friendly Boston-Area Metro Remains the Top Affordable Housing Market in the U.S. “ (10-23-25)
“A New England metro located about an hour north of Boston has retained its title as the nation’s top affordable housing market for the second quarter in a row.”
NAR – “More Than One-Third of Builders Continue to Cut Prices” (10-20-2025)
“As affordability pressures persist, builders ramp up incentives to attract more home buyers this fall.”
California Real Estate Investor Events
Bruce Norris will be the keynote speaker at the Fliphacking event in San Diego on Tuesday, Oct 12.
The Norris Group presents its award-winning black-tie event I Survived Real Estate 2023 on Friday, October 27.
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