When you read about the housing market, you’ll probably come across some information about inflation or recent decisions made by the Federal Reserve (the Fed). But how do those two things impact you and your homebuying plans? Here’s what you need to know. The Federal Funds Rate Hikes Have Stalled One of the Fed’s primary goals is to lower inflation.Continue reading “Why Mortgage Rates Could Continue to Decline”
Tag Archives: mortgage interest rates
Top 3 Housing Market Questions Right Now!
The current housing market is often perceived as uncertain. However, trends suggest that mortgage rates, linked to inflation, may decrease in the near future. Home prices are predicted to continue rising, though at a slower rate. Also, an increase in home sales is anticipated, possibly spurred by lower mortgage rates. Despite past predictions, experts believe a recession is increasingly unlikely. Therefore, the outlook for the housing market in 2024 is generally optimistic.
The Impact of Inflation on Mortgage Rates
If you’re reading headlines about inflation or mortgage rates, you may see something about the recent decision from the Federal Reserve (the Fed). But what does it mean for you, the housing market, and your plans to buy a home? Here’s what you need to know. Inflation and the Housing Market While the Fed’s working hardContinue reading “The Impact of Inflation on Mortgage Rates”
Mortgage Rates, Bank Failures and Fed Meeting….
A little over a week ago, we were expecting employment numbers and the inflation news to affect the Fed meeting being held today. Now we are still looking at those reports but also bank failures! That was not on the radar for most people until this past week. So what does that mean for mortgageContinue reading “Mortgage Rates, Bank Failures and Fed Meeting….”
Real Estate | Your@HomeTeam 