Housing demand is still positive even with epic snowstorm
Despite a major snowstorm and Fed news, housing data stayed positive as mortgage rates held near 6% and purchase apps rose 18% year over year.
Federal Reserve
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Mortgage rates cool in 2025, but 2026 relief likely limited
Mortgage rates started the year slightly above 7% but are heading into the holiday season near 6.2%. 2026 forecasts show little change ahead.
Fed delivers third straight rate cut, but housing market will see limited relief
The Federal Reserve delivered another 25-basis-point cut to its benchmark interest rate on Wednesday, setting the target range at 3.5% to 3.75%.
December housing demand near 3-year high as spreads improve
Mortgage purchase applications hit a three-year high as improved spreads and lower rates drive 18 weeks of growth.
Kevin Hassett is the rumored lead for Fed chair position
Kevin Hassett is the rumored frontrunner to become the next Federal Reserve chair as he aligns with Trump’s interest rate agenda.
With Powell set to move on, who are the candidates for the next Fed chair?
With Jerome Powell’s term ending in May, several candidates are in the running to become the next Federal Reserve chair.
Raphael Bostic to retire as Atlanta Fed president
Raphael Bostic, the first Black and openly gay regional Fed president, announced his retirement from the Atlanta Fed, effective in February 2026.
Trump proposes 50-year mortgage to help affordability
Trump supports 50-year mortgages to lower monthly payments, but longer terms reduce equity and aren’t currently allowed under the Dodd-Frank Act.
Another Fed rate cut to finish 2025? Not so fast
The odds that the Federal Reserve will cut benchmark interest rates again in December are still high — but not as high as they were before last week’s cut.
Mortgage spreads hit lowest level in years, keeping rates near 6%
Improved mortgage spreads have been key to lowering rates near 6% in 2025, enhancing the housing market’s stability.