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Real Estate

What does it mean for homebuyers now that the Fed paused interest rate increases?

Marcus Chen
Marcus Chen
Marcus Chen
Senior Reporter · Syracuse, NY

With a degree in Business Journalism from Columbia University, Marcus has spent a decade reporting on economic trends and local businesses for the Albany Times Union and formerly for NPR’s Upstate New York affiliate. His deep understanding of the financial landscape equips him to provide context to local economic shifts impacting Syracuse families.

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Senior Reporter · Saturday, October 31, 2026 at 10:00 AM · 1 min read
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What does it mean for homebuyers now that the Fed paused interest rate increases? — Syracuse Real Estate news

Earlier this week, the policymakers with the Federal Reserve voted to keep the federal funds rate at 3.75% to 4.00%, after raising rates in September. Although inflation remains elevated, the Fed said it needed more economic data before deciding if another increase is necessary, according to Realtor.com.

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