242 Utica Ave

242 Utica Ave · Crown Heights

Property Amenities

1925

Year Built

1

Apartment

2

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Bold Outlook • What A 1% Interest Rate Change Means For You

With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”

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