The Fed have lowered rates by a quarter of a percentage point, for the third time this year citing “global developments for the economic outlook as well as muted inflation pressures”. The mortgage holders that will benefit from today’s rate cut are those with adjustable rate and those seeking to refinance. If you are planning on refinancing and need a real estate appraisal in Miami Dade check us out at https://www.allaboutappraisals.com/