The Federal Reserve spent much of 2022 working to cool the economy and as mortgage rates climbed in preparation, the Triangle real estate market was prepared. Higher rates helped the market become less frenzied and as the Triangle real estate market normalized, buyers could become more intentional about their purchases.
Now, as the Federal Reserve softens its approach to cooling the economy, Brad Benham, vice president and senior mortgage loan officer at Towne Mortgage of the Carolinas, said it…