HousingWire’s Post

🚨 BREAKING: The Federal Reserve lowered its benchmark interest rate on Wednesday by 50 basis points (bps) to a range of 4.75% to 5%, turning an important corner in the central bank’s fight against inflation. The cut is the first since March 2020 after the Fed raised interest rates to a 23-year high point to cool the economy and quell inflation. Markets will be closely watching the tone of Jerome Powell’s news conference to decipher why the Fed decided on a bigger rate cut 🔗 Read the full story from Connie Kim here: https://lnkd.in/g3t4xDv4

What has been the most surprising tech transformation you have seen in recent years? Here’s what Opendoor's Amit Arora had to say. Arora was selected as a 2023 Tech Trendsetter for helping to refine Opendoor’s pricing algorithms that incorporate AI, ML, computer vision, and human expertise to provide millions of customers with competitive home offers. Nominations for the 2024 Tech Trendsetters are open now through September 30th. Click here to nominate a tech leader: https://9246.evalato.com/

🫨 Greg Sher has a message: EVERYTHING is changing and so should you. 📱 On October 1st in Dallas, Sher - joined by HousingWire Editor-in-Chief Sarah Wheeler - takes the stage to talk through what has worked (and what hasn't) as he went all-in on social media. 🚨 Register ASAP | We're less than a few weeks away! https://lnkd.in/eiFHM7-K

❗ This is your LAST chance ❗ Prices are going UP tonight. Don’t miss out on what’s set to be a meaningful moment in the mortgage industry. 📝 View our jam-packed agenda: https://lnkd.in/gagGQpjG 🔊 Here’s who’s speaking: https://lnkd.in/gGwpqwc6 👀 See who’s all attending here: https://lnkd.in/gZeB2U6z