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Fed Rate Cut Spells Good News for Dubai Homebuyers as Mortgage Rates Set to Drop

* Experts anticipate mortgage rates to drop following the US Federal Reserve’s recent decision to cut interest rates by 0.5 percent.
* This is the Fed’s first rate reduction since 2020, and could translate into significant savings and increased affordability for prospective UAE homebuyers.
* Experts suggest that in approximately a week, there may be new reduced offers in the UAE market – which could lead to a domino effect as improved affordability drives up buyer demand.

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