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In this episode, I talk about the prediction from ING Economics that the Federal Reserve will reduce interest rates SIX times in 2024. I also define key terms such as basis points, federal funds rate and explain the job of the Federal Reserve. I also discuss how this can potentially impact you as a real estate investor and how the Federal Reserve impacts mortgage interest rates. Fed to Cut Interest Rates 6 Times in 2024: What This Means for Real Estate Timestamps 1:05- Prediction- Interest Rates Will Drop in 2024 2:45- What is the Federal Reserve? What does Fed mean? 3:32- What is the Federal Funds Rate? 4:16- What are basis points? What does basis points mean? 5:00- Detailed Explanation of how basis points work 6:24- How does the Federal Reserve Interest Rate impact Mortgage Interest Rates? 8:00- How does all of this impact real estate investing? 2024 Real Estate Predictions 10:00- 99% of homeowners have rates under 6% Free Resources Download my free guide, How to Buy Your First Rental Property in 2024- https://www.outofstatemoney.com/how-t... Download my free guide, 8 Steps to Buying Your First Out of State Property- https://www.outofstatemoney.com/long-... Download my free guide Top 10 Down Payment Assistance Programs- https://bit.ly/dpassistance1 Coaching Apply to my Out of State Investing 4-Week Workshop- https://www.outofstatemoney.com/workshop Apply for my out of state investing coaching program here -https://www.outofstatemoney.com/ Schedule a call with me to discuss your real estate goals- https://calendly.com/bredialogue/30min Follow on Social Media Instagram- / Tik Tok- / blackrealestatedialogue Listen on Audio Apple Podcasts- https://podcasts.apple.com/us/podcast... Spotify- https://open.spotify.com/show/2pCGzfJ... This video is about: iinterest rate,interest rates,recession 2024,federal reserve,real estate investor,investment property,mortgage rate,recession,us economy,federal reserve system,Fed,real estate investing,real estate crash,real estate bubble,black real estate dialogue,black real estate dialogue podcast,investing,mortgage rates,rate decrease impact #interestrates #housingmarket2024 #housingmarketcrash