In First Jackson Hole Speech, Fed Chair Kevin Warsh Remains Guarded on Rate Changes
Above, Federal Reserve Chairman Kevin Warsh Real estate professionals anxiously awaiting lower mortgage rates may not see a decrease anytime ...
Tag: Real Estate Economics
Mortgage Rates See Little Change; Inflation Sidelining Would-Be Buyers
Buyers who are waiting for rates to come down before making their home purchase will likely have to wait until ...
Inflation Ticks Back Up, Reaches Nearly Double Fed’s 2% Goal
Inflation slowly ticked back up according to the Bureau of Economic Analysis (BEA) in its latest report, coinciding with several ...
Consumer Confidence Slips as Present and Future Outlooks Conflict
In the face of ongoing geopolitical uncertainty and economic headwinds, consumers’ feelings about the economy remain dim. The nonprofit research ...
Leading Economic Indicators Flash Positive, Despite Dim Outlook by Consumers
As the question of affordability looms over homebuyers' heads, recent reports by economists generally agree that the housing market is ...
Rates Still Sitting in the ‘Silver Lining,’ But Future is ‘Volatile’
Mortgage rates remain mostly better historically as this week and last observed some slight decreases, according to the latest data ...
Notes From Fed Meeting Show Rate Hike on the Table Again
When many economic indicators pointed to issues with inflation, the governors of the Federal Reserve’s Open Market Committee (FOMC) instead ...
Mortgage Applications Decrease as Affordability Challenges Continue
While mortgage rates and applications changed little last week, home-purchase applications retreated and were lower than last year’s pace, signaling ...
Mortgage Rates Remain Steady; Buyers Moving on Modest Decreases
Mortgage rates remained relatively steady from last week, but an increase in home-purchase application activity after multiple weeks of decreases ...
Slight Rate Drop Drives Mortgage Application Activity Upward After Weeks of Declines
While mortgage rates remain elevated, a slight retreat this past week drove home-purchase application activity up for the first time ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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