Federal Reserve
The Federal Reserve started a rate-cutting cycle on Sept. 18, lowering its benchmark interest rate by 50 basis points (bps) to a range of 4.75% to 5%. The cut is the first since March 2020 after the Fed raised interest rates to a 23-year high point to cool the economy and quell inflation. However, mortgage rates rose following the Fed’s first cut, suggesting that the bond market had already factored in this anticipated action.
Latest Posts
‘Real Estate Insiders’ explore housing affordability issues and local government solutions
Oct 17, 2024In a new episode of the “Real Estate Insiders Unfiltered” podcast, hosts James Dwiggins and Keith Robinson sit down with Pete Mills — senior vice president of residential policy and industry engagement at the Mortgage Bankers Association (MBA) — to discuss the housing affordability crisis in today’s complex real estate market. The group also discusses […]
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Mortgage rates are back near 6.5%. Will they stay there?
Oct 16, 2024 -
Dustin Owen exposes myths, red flags that plague the mortgage industry
Oct 09, 2024 -
Jobs report sends mortgage rates higher
Oct 04, 2024 -
Strong September jobs report stokes inflation concerns
Oct 04, 2024 -
September jobs report could be the next ‘bat signal’ for stagnant mortgage rates
Oct 01, 2024 -
Can my agent get a better deal than others? The data says probably not
Sep 30, 2024 -
Could mortgage rates end the year below 6%?
Sep 24, 2024 -
What happens next for mortgage lenders after the Fed rate cut?
Sep 20, 2024 -
Reverse mortgage lenders are ready for lower interest rates
Sep 19, 2024 -
Why did mortgage rates go up after the Fed rate cut?
Sep 19, 2024 -
Fed goes big, slashing interest rates by 50 bps
Sep 18, 2024
