---
title: This Week’s Interest Rate Cut Expected to Boost Housing Supply and Mortgage Refinancing
description: The Fed is expected to lower interest rates by a quarter point on Wednesday, which will make land purchases easier and less expensive for developers.
---

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# [This Week’s Interest Rate Cut Expected to Boost Housing Supply and Mortgage Refinancing](https://www.nationalinvestornetwork.com/financials/this-weeks-interest-rate-cut-expected-to-boost-housing-supply-and-mortgage-refinancing)

 Written by [Jeff Mindham](https://www.nationalinvestornetwork.com/financials/author/jeff-mindham) | Aug 1, 2019 12:59:43 PM

The Federal Reserve is expected to [lower interest rates by a quarter point ](https://therealdeal.com/2019/07/31/heres-what-a-fed-reserve-rate-cut-would-mean-to-the-us-housing-market/)on Wednesday, which will make land purchases easier and less expensive for developers, thus increasing the supply of single-family homes. Mortgage refinancing will also get a boost as people seek to lower their monthly mortgage payments.

According to Josh Migdal of the Miami-based law firm Mark Migdal and Hayden, “You will get a nice refinance pop because people who were borrowing a year ago at 4.5% and above are now likely able to obtain financing for between 3.5% and 3.75%.

[View full post](https://www.nationalinvestornetwork.com/financials/this-weeks-interest-rate-cut-expected-to-boost-housing-supply-and-mortgage-refinancing)

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