Fed Holds the Line, Leaving Rates Unchanged in Ongoing Inflation Fight
The Federal Open Market Committee (FOMC) maintained the target range for the federal funds rate on Wednesday following hotter-than-expected inflation ...
Tag: Interest Rates
3 Real Estate News Stories to Follow (Besides Lawsuits)
These days, headlines reporting on the real estate industry have the word “lawsuit” in them more often than not. It ...
Mortgage Applications See Slight Decrease
Mortgage applications decreased slightly from one week earlier by 0.6%, according to data from the Mortgage Bankers Association’s (MBA) Weekly ...
Fed Chair: ‘No Hurry to Cut’ Rates Until There’s Sustained Progress on Inflation
Getting inflation under control remains priority No. 1 at the Federal Reserve. New inflation data out Friday shows that U.S. ...
Fed Holds Rates Steady But Indicates Three Rate Cuts in 2024. Here’s What That Could Mean for Housing
The Fed left rates unchanged Wednesday but it did indicate it will cut rates three times before the end of ...
Fannie Mae Projects Higher Mortgage Rates For Longer Than Expected
Fannie Mae’s most recent economic projections, up to March 2024, suggest that mortgage rates will remain elevated for a while ...
Mortgage Rates Dip for Second Straight Week
The 30-year fixed-rate mortgage (FRM) continued to decrease this week, from last week’s average of 6.88% to an average of ...
Mortgage Applications Begin to Thaw for Spring
Mortgage applications increased 9.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications ...
Mortgage Rates Continue to Edge Near 7%
The 30-year fixed-rate mortgage (FRM) increased slightly this week, from last week’s average of 6.9% to an average of 6.94% ...
Mortgage Applications Continue to Slump
Mortgage applications decreased 5.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications ...
3 Business Moves Agents Should Make Before Summer
As the market heads into the summer season, the groundwork you lay now can determine whether the coming months are productive. Agents can use this time to reconnect with clients and position themselves for more listings. Here are three smart business strategies to make before summer arrives. Read more.
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