As the Federal Reserve prepares to meet next week, lower interest rates spark joy with agents and would-be buyers. Are you ready? Source: Inman News
Posts published in “federal reserve”
Employers added 199,000 workers to their payrolls in November, a sign that the economy may achieve a soft landing but making Fed spring rate cuts…
Mortgage rates keep falling after Powell tries to deflate expectations for the spring rate, as three new reports released this week suggest the economy is,…
Investors who fund most mortgages remain convinced the Fed will begin lowering rates in the spring to avoid strangling the economy. Source: Inman News
Demand for purchase loans picks up for fourth consecutive week, and bond market investors are pushing rates lower on hopes for Fed easing as inflation…
Requests for purchase loans were up 4 percent last week compared to the week before, but down 20 percent from the same time a year…
Tuesday’s big drop in rates followed an encouraging inflation report, with bond market investors now convinced the Fed is done hiking rates and may reverse…
The index for shelter rose 0.3 percent between September and October and was up 6.7 percent year over year, according to CPI data released Tuesday. …
Speaking at an IMF research conference, Powell said the Fed is committed to raising rates as high as needed to bring inflation down, and “we…
Purchase mortgage applications trended up last week for the first time in nearly a month as mortgage rates retreated from 2023 highs, according to the…