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Housing
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Mortgage
Higher rates may prompt homeowners to stay put, but how will that impact inventory?
By
Mike Wheatley
| April 22, 2022
US Real Estate
Higher Interest Rates Are Coming Soon!
By
Brian Kline
| February 23, 2022
For homebuyers across the country, it feels like a never-ending uphill battle. Tight inventory, multiple offers on ‘fixer’ properties, and houses selling for well above the asking price (often tens of thousands over the asking price) - literally everything seems like an insurmountable hurdle. And now, higher interest rates are about to kick in. What […]
Featured News
June 2021 Signals Indicate Housing Market Easing
By
Phil Butler
| July 14, 2021
Buyer sentiment data shows that potential new homeowners are chilling out about purchasing in this seller's market.
Featured News
Expect An Interest Rate Hike After Today’s Federal Reserve Inflation Data
By
Phil Butler
| June 10, 2021
Will today's Federal Reserve inflation data lead to increased interest rates and a slowdown of economic easing?
Mortgage
,
Real Estate
Fed votes to keep interest rates at near zero again
By
Mike Wheatley
| July 31, 2020
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 […]
Mortgage
,
US Real Estate
Federal Reserve says it won't raise key interest rate
By
Mike Wheatley
| May 3, 2020
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 […]
Mortgage
,
US Real Estate
U.S. Federal Reserve slashes rates to zero to fight coronavirus outbreak
By
Mike Wheatley
| March 17, 2020
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 […]
Mortgage
,
Real Estate
What a 0% mortgage rate would mean for housing
By
Mike Wheatley
| September 18, 2019
U.S. President Donald Trump last week called on the Federal Reserve to drop its key interest rate to zero, or even negative, when it convenes its next meeting later this month. The call has sparked discussion among real estate experts on how zero interest rates would impact the housing market. The obvious impact is that […]
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