Something big is happening in the housing market: What Fed rate cuts will actually do
On Wednesday, Fed Chair Jerome Powell announced that the central bank would begin cutting Fed interest rates, starting with a .50 percentage point (50 bps) cut this month. The Fed also signaled that additional cuts were likely in their final two meetings this year in November and December, and more next year.
What Does a Fed Rate Cut Mean for the Housing Market?
Millions of would-be homeowners have been priced out of the property market since early 2022, when the Federal Reserve started raising interest rates. The looming cut may do little to help. With home prices near record highs and the cost of home insurance and property taxes rising,
In August, Jonathan and Shannon P. became homeowners for the first time, closing on an updated Colonial with a spacious ...
Despite a recent drop in mortgage rates, some housing markets are seeing mild home price declines, according to Zillow data.
By working with an experienced agent, you benefit from their market expertise and strategic negotiation skills. These ...
The housing market is in a state of flux with new and existing home sales on the rise (as of August 2024) but overall home ...
Corners of the U.S. housing market appear to be perking up as interest rates fall and the Federal Reserve works to bring down ...
Though a growing industry, build-to-rent communities made up only 7.9% of new residential constructions last year.
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Strong Housing Market Data for AugustHousing Starts posted their biggest jump in nine months this morning, reporting 1.356 million seasonally adjusted, annualized ...
A perfect storm has would-be buyers across the country hesitating to enter the housing market. According to Redfin, existing ...
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