Powell’s remarks shoot mortgage rates higher December 18, 2024 by bp56691 Remarks by Federal Reserve Chairman Powell during the Q&A presser sent the 10-year yield and mortgage rates higher.
Another Fed rate cut is expected Wednesday, but mortgage rates aren’t likely to tumble December 17, 2024 by bp56691 Mortgage rates haven’t moved in tandem with recent Fed rate cuts. Don’t expect that pattern to change much after policymakers meet Wednesday.
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.
Mortgage rates fall on jobs week data December 6, 2024 by bp56691 After the final jobs report for 2024, mortgage rates made a nice move lower on Friday, helped along by improved mortgage spreads.
Small drop in mortgage rates a good sign for December December 3, 2024 by bp56691 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.
The election is over, but mortgage rates have yet to change course November 19, 2024 by bp56691 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.
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.