Mortgage Rates Unlikely To Drop Following Fed Announcement
Redfin economist expect the Fed will cut rates in its upcoming June meeting
Redfin economist expect the Fed will cut rates in its upcoming June meeting
Lawrence Yun discussed real estate issues, trends and provided forecast at 2023 Realtors Legislative Meetings
The new range of 5-5.25 percent is the highest since September 2007
The Economic and Strategic Research Group anticipates a single additional 25-basis point hike from the Federal Reserve in May
Stocks surged and real estate market watchers were optimistic that mortgages ay have room to decline
The move brings the policy rate to the highest point since 2007
The move marks a third straight rate increase in the battle against the fastest inflation in decades
The market outlook is good for drivers, but tough on homebuyers…
In an effort to to rein in prices, the Fed is raising interest rates by 0.75 percentage points
The move is the largest since May 2000. So what does it mean for the housing market?
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