Tag Archives: federal reserve

Homebuyers continue to take advantage of falling rates

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Demand for purchase mortgages has picked up in five out of the past six weeks, and applications to refinance have roared back, jumping 27 percent from a year ago. Continue reading →

As the market makes a comeback, here’s how to get your ‘rizz’ back

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As the Federal Reserve prepares to meet next week, lower interest rates spark joy with agents and would-be buyers. Are you ready? Continue reading →

How low can they go? Mortgage rates back under 7% this week

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Mortgage rates keep falling after Powell tries to deflate expectations for the spring rate, as three new reports released this week suggest the economy is, in fact, losing steam. Continue reading →

Fed Chair Powell’s attempt to deflate rate-cut expectations flops

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Investors who fund most mortgages remain convinced the Fed will begin lowering rates in the spring to avoid strangling the economy. Continue reading →

Homebuyers seizing the day as mortgage rates continue to slide

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Demand for purchase loans picks up for fourth consecutive week, and bond market investors are pushing rates lower on hopes for Fed easing as inflation subsides. Continue reading →

Homebuyers perk up as mortgage rates hit lowest level in 2 months

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Requests for purchase loans were up 4 percent last week compared to the week before, but down 20 percent from the same time a year ago, according to a weekly survey of lenders by the Mortgage Bankers Association. Continue reading →

Mortgage rates post biggest 1-day drop since onset of the pandemic

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Tuesday’s big drop in rates followed an encouraging inflation report, with bond market investors now convinced the Fed is done hiking rates and may reverse course in the spring. Continue reading →

Inflation stays flat in October, but shelter costs continue to rise

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The index for shelter rose 0.3 percent between September and October and was up 6.7 percent year over year, according to CPI data released Tuesday.  Continue reading →