On March 14-15, 2020, the Federal Reserve’s Federal Open Market Committee (FOMC) held an emergency meeting in light of the then-blossoming pandemic to cut rates by a 100 ...
Read More »Will 2022 Break as Many Housing Records as 2021?
The record-breaking year that was 2021 seems to be a one-off performance, as the 2022 market is experiencing the upward creep of mortgage rates compounded with record-high prices, which is only adding to affordability issues.
Read More »Fed Makes Historic Rate Hike to Combat Inflation
Three-quarters of a point. This is the amount the Federal Reserve chose to raise the nominal interest rate by citing the need to combat the highest rate of ...
Read More »Gen Z’s Homebuying Impact Across Largest U.S. Metros
Representing the 18-24 age demographic, Gen Z’ers are purchasing a small sliver in the current market, but LendingTree expects a “growing splash” of buyers from this generation in the near future.
Read More »Home Purchase Sentiment Falls to Lowest Level Since 2020
The latest iteration of Fannie Mae’s Home Purchase Sentiment Index (HPSI) for April decreased by 4.7 points to 68.5, its lowest level since May 2020, as rising mortgage rates and ...
Read More »Fannie Mae Predicts Eight Rate Changes Before 2024
A slowing economy, decades-high inflation, expired fiscal stimulus, tightening monetary policy, and now Russia's invasion of Ukraine are all weighing on the health of the U.S. economy.
Read More »Fed Raises Rates for First Time in Four Years
It has been 732 days since the Federal Reserve Open Market Committee (FOMC) cut interest rates in an emergency meeting in light of the then-blossoming COVID-19 pandemic. But all ...
Read More »Fannie Mae on How Homebuyer Sentiment Is Shifting
According to a new survey by Fannie Mae, more consumers believe mortgage rates will tick up this year, possibly indicating a market slowdown.
Read More »Supply Chain, Fuel Prices Weigh on Economy
The speed at which the labor market recovers impacts the economy’s output potential. Short-term energy prices can also impact its growth potential, inflation, and interest rates.
Read More »Low Mortgage Rates Push Additional Buyers Into Market
Even with a seasonal housing market cooling, more buyers are entering the market due to continued ultra-low interest rates. During a four-week survey period ending September 19, most housing ...
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