How the Federal Reserve is Helping the Housing Market

At first glance, it might seem intuitive that rising interest rates will have a negative effect on the housing market. However, with a little more thought, the opposite is more likely to be true. Interest rates rising today and for the next several months is probably good for the housing market. Specifically for home buyers

Read More »

Fed’s aggressive rate hike to reduce housing market buyer pool, economist says

The Federal Reserve just announced its largest interest rate increase since 1994 and the move is expected to have a serious impact on the housing market, economists believe. While the Fed’s key interest rate doesn’t directly affect mortgage rates, it does have a very strong influence on them. On Wednesday, the Federal Open Market Committee

Read More »

Expect An Interest Rate Hike After Today’s Federal Reserve Inflation Data

Will today’s Federal Reserve inflation data lead to increased interest rates and a slowdown of economic easing?

Fed votes to keep interest rates at near zero again

The Federal Reserve this week voted to keep its benchmark interest rate at close to zero. The move should help ensure the cost of home loans remains down, long enough for the economy to begin its recovery from the COVID-19 pandemic, experts said. The Fed also said it’s extending its credit and lending initiatives until

Read More »

Federal Reserve says it won’t raise key interest rate

The Federal Reserve this week voted to maintain its benchmark interest rate unchanged at near zero, showing it has no interest in reversing course anytime soon, most likely due to the coronavirus pandemic. The Fed’s benchmark rate doesn’t directly impact mortgage rates, but it normally does influence them, so the decision is a key one

Read More »

U.S. Federal Reserve slashes rates to zero to fight coronavirus outbreak

The Federal Reserve at an emergency meeting on Sunday announced it’s slashing its benchmark interest rate to zero, in what is its second response to the economic turmoil that’s resulted from the coronavirus outbreak. In addition, the Fed announced it will buy $700 million worth of Treasury and mortgage bonds to help stabilize markets. The

Read More »

Fannie Mae: Expect 2 more interest rate cuts this year

Mortgage servicing giant Fannie Mae says it expects the Federal Reserve to make two more quarter-point interest rate cuts before the end of the year, most likely in September and December. If so, the cuts would likely result in lower mortgage rates for the remainder of this year, Fannie Mae officials said. Fannie Mae’s Economic

Read More »

Consumers get more home buying power as Fed cuts interest rates

The U.S. Federal Reserve this week slashed interest rates for the first time since the Great Recession in 2008, but experts say the move is unlikely to improve what is already a very favorable borrowing environment for home buyers. The federal funds rate, which governs the rate banks charge each other for short-term borrowing, will

Read More »

The Fed promises no more rate increases this year

The Federal Reserve says its decided to leave short term interest rates unchanged following its March meeting. It added that rates will likely not move at all for the remainder of the year, having previously raised them in five successive quarters dating back to late 2017. In fact, interest rates could possibly be lowered at

Read More »

Federal Reserve says no to rate increases

This week the Federal Reserve once again voted to leave interest rates unchanged, indicating that its in no hurry to do so at all in the year ahead. Jerome Powell, chairman of the Fed, said the organization was taking a “patient” approach to rate increases, following four hikes in the interest rate last year. The

Read More »

RealtyBizNews: Real Estate Marketing & Beyond