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
Dramatic inflation reading fuels speculation that Federal Reserve policymakers will implement drastic 75-basis point interest rate hike Wednesday. Continue reading
Bond market investors wary that Fed will be forced to implement drastic 75-basis point rate hike in June or July. Continue reading
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
“Large deceleration” in home price appreciation next year could lead to price declines in some regions. Continue reading
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
A record low 19 percent of Americans say it’s a good time to buy a home, according to a monthly survey Fannie Mae’s been conducting since 2010. Continue reading
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
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
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 nation’s gross domestic product shrank in the first three months of 2022, overshadowing a strong period for residential investment. Continue reading