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.
Despite a recent drop in mortgage rates, some housing markets are seeing mild home price declines, according to Zillow data.
The weekly jobless claims report from the Labor Department on Thursday, the most timely data on the economy's health, also ...
Though a growing industry, build-to-rent communities made up only 7.9% of new residential constructions last year.
Housing credit looks like a good place to be for investors, especially with returns rising as the Fed looks to lower rates, ...
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 ...
The Federal Reserve announced a 0.5% rate cut, the first reduction since 2020. Mortgage rates could drop as a result for ...
Boomers' net worths could be hit by falling stock and home prices. That's bad news for the entire economy, a portfolio ...
In August, Jonathan and Shannon P. became homeowners for the first time, closing on an updated Colonial with a spacious ...
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