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0.000256410256410388 -0.000769230769230798 0.000717948717948684 -0.00512820512820502 -0.0105128205128204 -0.000512820512820411 0.0133333333333334 0.0135897435897436
Stock impact report

Is KE Holdings Inc. (BEKE) the Best Real Estate Stock to Buy For Beginners? [Yahoo! Finance]

KE Holdings Inc American Depositary Shares (each representing three Class A Ordinary Shares) (BEKE) 
Company Research Source: Yahoo! Finance
Could the Fed Interest Rate Cuts Potentially Ease the Housing Market? The Federal Reserve finally decided to cut rates beginning with a half-percentage point reduction on September 18. This long-awaited move lowered rates to a range between 4.75% and 5.00%. The big rate cut is believed to have a mixed effect on the housing market. Industry experts believe that this cut will motivate more people to list their homes and more homebuyers to enter the market. Simultaneously, falling mortgage rates have also been spurring the demand from homebuyers. The question that keeps coming up is how mortgage rates dropping further might actually drive home prices up as more buyers enter the market. In an interview with Straight Arrow News, Selma Hepp, Chief Economist at CoreLogic, mentioned how mortgage rates dropped in early spring of 2023 and led to a huge buyer influx resulting in higher home prices. On the bright side, a lot of inventory will be freed after being locked in for a long time, a Show less Read more
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