Powell’s remarks shoot mortgage rates higher
Remarks by Federal Reserve Chairman Powell during the Q&A presser sent the 10-year yield and mortgage rates higher.
Mortgage Rates
Auto Added by WPeMatico
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.
Housing demand resilient even with higher mortgage rates
Despite higher mortgage rates last week, housing demand is displaying some festive resilience as we are seeing a seasonal bounce.
Cincinnati’s housing market in a word? Unpredictable
Turbulent mortgage rates have trickled down to markets like Cincinnati, where agents say they don’t know what to expect from sale to sale.
Housing demand still showing double-digit growth
Last week, we witnessed a Santa Claus rally in mortgage rates amid improved housing demand. What will happen in the next few weeks?
Is now a good time to buy a house?
Rapid changes in mortgage rates have left many would-be homebuyers asking: Is now a good time to buy a house?
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.
Redfin’s 2025 housing market forecast predicts resilient homebuyers
Redfin forecasts home prices to rise by 4% over the course of 2025, with existing home sales between 4.1 million and 4.4 million.
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.
Will we see a Santa Claus rally in mortgage rates?
Despite initial concerns that tariffs would push mortgage rates up to 8%, this week has brought some encouraging news.