Press Play with Madeleine Brand
Will the Fed’s interest rate cut lower LA’s housing costs?
The Federal Reserve announced a half-a-percentage point cut in interest rates on Wednesday. Mortgage rates had already been falling, but the median home price in LA is $1 million.
The Federal Reserve announced a half-a-percentage point cut in interest rates on Wednesday. Mortgage rates had already been falling, but the median home price in LA is $1 million.
The full episode
1 of 4- 0:00Will the Fed’s interest rate cut lower LA’s housing costs?You’re reading this
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