Tag Archives: economy

Fed’s ‘higher for longer’ gambit may yet cool home price gains

By | | Uncategorized
Comments Off on Fed’s ‘higher for longer’ gambit may yet cool home price gains

Fannie Mae and MBA economists are now in agreement that mortgage rates will come down only gradually this year and next but that home price appreciation will slow. Continue reading →

Latest inflation numbers don’t rule out June rate cut, economists say

By | | Uncategorized
Comments Off on Latest inflation numbers don’t rule out June rate cut, economists say

The Federal Reserve’s preferred inflation gauge moved in the wrong direction last month for the first time since September, but core inflation fell for the 13th consecutive month, to 2.8 percent. Continue reading →

Fed preparing to slow the pace of ‘quantitative tightening’

By | | Uncategorized
Comments Off on Fed preparing to slow the pace of ‘quantitative tightening’

In addition to anticipating three rate cuts this year, Federal Reserve policymakers are considering whether to taper the pace at which they unwind the central bank’s $7 trillion balance sheet. Continue reading →

Fannie Mae no longer expects mortgage rates to drop below 6%

By | | Uncategorized
Comments Off on Fannie Mae no longer expects mortgage rates to drop below 6%

The recent surge in mortgage rates could take some air out of a projected rebound in 2024 home sales, with deals driven mostly by households who can no longer put off their moves due to life events. Continue reading →

Best time to list a home? With high mortgage rates, it’s tough to tell

By | | Uncategorized
Comments Off on Best time to list a home? With high mortgage rates, it’s tough to tell

The peak of the spring homebuying season may have shifted to later in the year, at least in some markets, according to new analysis by Zillow. Continue reading →

Scarce inventory, falling rates could boost home prices

By | | Uncategorized
Comments Off on Scarce inventory, falling rates could boost home prices

In December, a Pulsenomics panel of more than 100 housing experts expected homes to appreciate by 2.4 percent in 2024. Now they’re predicting prices will go up by 3.8 percent. Continue reading →

Mortgage rates ease for 2nd consecutive day on inflation data

By | | Uncategorized
Comments Off on Mortgage rates ease for 2nd consecutive day on inflation data

The Federal Reserve’s moves to trim $35 billion in mortgages from its balance sheet each month could keep mortgage rates from falling dramatically this year. Continue reading →