NAR’s Yun Predicts Interest Rate Cuts, With More to Come in 2025
Interest rates may be seeing their first cut this fall, possibly even as soon as September, according to the National ...
Tag: Interest Rates
Mortgage Rates Continue to Fall as Other Economic Factors Cool
The 30-year fixed-rate mortgage (FRM) continued to decrease this week, from last week’s average of 6.89% to an average of ...
Mortgage Applications Reverse Course, Rise as Rates Fall
Mortgage applications rose this week as mortgage rates saw a decrease, increasing 3.9% from one week earlier, according to data ...
Fed Chair Powell: We Don’t Have to Wait for 2% Inflation to Drop Rates
In a surprising statement made during a speaking engagement at the Economic Club of Washington D.C. on July 15, Federal ...
Report: Share of Homeowners With Sub 5% Mortgage Rate Shrinks Significantly
The mortgage market has been going through a gradual change as it adjusts to higher-for-longer interest rates. With this shift, ...
Mortgage Rates Fall, in Line with Welcomed Cooling Consumer Prices, Jobs Numbers
Following the first dip in consumer prices in four years and home prices in some markets declining, the average 30-year ...
Fed Chair Jerome Powell Plays Coy About Rate Cuts in Senate Hearing
Federal Reserve Chair Jerome Powell testified before the Senate Committee on Banking, Housing and Urban Affairs, mostly dodging questions about ...
Fed in No Rush to Cut Rates Until ‘Greater Confidence’ in Taming Inflation
At their June meeting, Federal Reserve members acknowledged there’s been notable progress in lowering inflation, but it’s not going as ...
More Evidence, Less Anecdote
In the current uncertain environment, it is more important than ever that we as an industry communicate the critical role ...
Mortgage Rates Dip for Fourth Week Straight, Hit Lowest Level in 3 Months
The averaged 30-year-fixed-mortgage rate stepped down for the fourth-straight week, dipping to 6.68% from 6.87% last week and marking its ...
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