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Federal Reserve

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Another Fed rate cut is expected Wednesday, but mortgage rates aren’t likely to tumble

December 17, 2024 by bp56691
Another Fed rate cut is expected Wednesday, but mortgage rates aren’t likely to tumble
Mortgage rates haven’t moved in tandem with recent Fed rate cuts. Don’t expect that pattern to change much after policymakers meet Wednesday.
Categories Chase, Federal Reserve, First American, LendingLife, Mortgage, Mortgage Rates, Mortgage Rates Center, Origination, Veterans United Home Loans

HUD takes a closer look at senior finances, housing affordability pain points

December 11, 2024 by bp56691
A new report from HUD’s Office of Policy Development and Research takes a closer look at older Americans’ housing affordability challenges.
Categories Fannie Mae, Federal Reserve, HUD, Long-term care, Longbridge Financial, Reverse

Mortgage rates fall on jobs week data

December 6, 2024 by bp56691
Mortgage rates fall on jobs week data
After the final jobs report for 2024, mortgage rates made a nice move lower on Friday, helped along by improved mortgage spreads.
Categories Bureau of Labor Statistics, Federal Reserve, Housing Market, Jobs Report, Mortgage Rates, Unemployment

Small drop in mortgage rates a good sign for December

December 3, 2024 by bp56691
Small drop in mortgage rates a good sign for December
If housing industry professionals are looking for an early Christmas gift, they might receive it in the next two weeks if key economic indicators move in the right direction.
Categories Altos Research, Federal Reserve, LendingLife, Mortgage, Mortgage Rates, Mortgage Rates Center, Origination, United Wholesale Mortgage, Veterans United Home Loans

The election is over, but mortgage rates have yet to change course

November 19, 2024 by bp56691
The election is over, but mortgage rates have yet to change course
The trend line for mortgage rates has been the same for several weeks, even as some of the uncertainty tied to the election is fading.
Categories Bank of America, Construction, Federal Reserve, First American, Housing Starts, Mortgage, Mortgage Rates, Mortgage Rates Center

Real estate industry challenges, change and what to watch in 2025

November 11, 2024 by bp56691
The Counselors of Real Estate weighs in on what 2025 may bring to real estate in its Top Ten Issues report.
Categories Donald Trump, Federal Reserve, Housing Market, HWmember, Mortgage, national association of realtors, Real Estate
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