Windermere Economist Jeff Tucker looks at the Federal Reserve’s interest rate cut and what it means for the real estate market. Source: Inman News
Posts published in “mortgage rates”
Recent Trump appointee Stephen Miran was the lone dissenter in Wednesday’s 11-1 vote, holding out for a bigger, 1/2 percentage point rate cut advocated by…
Homebuyer loan applications flooded in last week at the second-highest level of the year. Demand for adjustable-rate mortgage loans is at the highest level since…
Trump appointee Stephen Miran confirmed as Fed governor in 48-47 Senate vote, but appeals court upholds ruling that Lisa Cook can stay on board while…
Zillow’s latest market report revealed a burgeoning seller retreat in August, as new listings dropped 7.3 percent in one month. However, there are still plenty…
The silver lining in deteriorating consumer confidence is that the weaker job market means the Federal Reserve is expected to slash rates several times this…
Initial jobless claims climbed last week to the highest level since Oct. 23, 2021, but investors and economists are expecting three small rate cuts this…
Median monthly homeownership costs have risen 26 percent from 2019, according to the U.S. Census Bureau’s latest American Community Survey data. released on Thursday. Source:…
Applications for purchase mortgages hit their highest level since July last week, and rates keep falling on weak jobs reports and more encouraging inflation data …