Prediction: These 2 Stocks Will Soar If Interest Rates Are Cut This Month
The Motley Fool
SEPTEMBER 12, 2024
17, and a reduction of any level is likely to positively affect the stock market. High mortgage rates mean homeowners aren't looking for new digs, which means fewer houses on the resale market. This isn't a stock for the risk-averse investor, but it could be a fantastic stock over the long term.
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