Mortgage rates surge past 6% on fears of Fed tightening

Dramatic inflation reading fuels speculation that Federal Reserve policymakers will implement drastic 75-basis point interest rate hike Wednesday. Continue reading

Mortgage rates under pressure again with inflation at 40-year high

Bond market investors wary that Fed will be forced to implement drastic 75-basis point rate hike in June or July. Continue reading

Market shifts, rate hikes and why real estate stocks can’t get a break

As real estate enters what one observer called a “Wile E. Coyote” moment, real estate companies’ share prices continue to struggle amid market uncertainty. Continue reading

Redfin economist: The Fed can change its mind

While an abrupt shift in policy isn’t expected, Fed Chair Jerome Powell affirms that, “If things come in better than we expect, then we’re prepared to do less” tightening. Continue reading

How inflation actually supports buyer demand: Matthew Gardner

Other than when home prices crashed with the bursting of the housing bubble, for more than 50 years, home price growth has outpaced inflation. According to Windermere Real Estate Chief Economist Matthew Gardner, this means we are offsetting high consum… Continue reading

Purchase loan demand perks up as mortgage rates plateau

MBA forecaster Joel Kan sees the uptick in loan requests as a “potentially a good sign for the spring home buying season, which has seen a slow start thus far.” Continue reading

Don’t let inflation break your budget! Fix your spending now

Between inflation and fewer transactions anticipated this year, you may be getting concerned about your finances. The good news is that when you start looking at your expenses, you’ll probably find that there are plenty of places where you can cut enou… Continue reading

The US economy’s run stalls, but real estate forges ahead

The nation’s gross domestic product shrank in the first three months of 2022, overshadowing a strong period for residential investment. Continue reading