What To Look For From This Week’s Fed Meeting
You may be hearing a lot of talk about the Federal Reserve (the Fed) and how their actions will impact the housing market right now. Here’s why. The Fed meets again this week to decide the next step with the Federal Funds Rate. That's how much it costs banks to borrow from each other. Now, tha
What To Expect from Mortgage Rates and Home Prices in 2025
Curious about where the housing market is headed in 2025? The good news is that experts are offering some promising forecasts, especially when it comes to two key factors that directly affect your decisions: mortgage rates and home prices. Whether you’re thinking of buying or selling, here’s a l
Are Mortgage Rates Dropping?: Explaining What’s Happening to Interest Rates in 2024
The short answer to the question “Are mortgage rates dropping?” is yes. On September 9, daily average 30-year fixed mortgage rates dropped to 6.25% which is the lowest since April 2023. For home buyers, this poses a great opportunity to enter the market after over a year of record-high mortgage rat
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