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The Fed’s most recent interest rate decrease at the November meeting wasn’t a surprise. Industry experts anticipated the additional nudge, but it has left investors questioning how many more interest rate decreases are to come. Patrick Ward of Metro Group Realty Finance expects rates to plateau.

“The recent interest rate cut was definitely expected. Many anticipated that the Fed would again lower interest rates at the November 6 meeting. This is largely due to the fact that the Fed has been supportive in assisting the prolonged expansion of the current market,” Ward, president at Metro Group Finance, tells GlobeSt.com. “However, at the recent meeting, the Fed indicated that there would have to be significant evidence of a deteriorating economy to continue to lower rates. The current rate of 1.625% is the midpoint of the last three years with a low of .75% and a high of 2.50%.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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