Mortgage rates are dropping, but the housing market is still stuck. Here’s why.
A crisis of unaffordability has held the housing market hostage. That situation is not likely to change anytime soon, according to Fannie Mae’s chief economist — and there’s one culprit.
How Interest Rate Cuts Could Boost the Luxury Housing Market, Too
Wealthy homeowners are less concerned with fixed mortgage rates, but costs have also come down on a variety of other key financial vehicles
What the Fed’s rate cutting plans mean for the housing market
NerdWallet Last month, the Federal Reserve announced a 50-basis-point cut to the federal funds rate, while projecting a comparable reduction through the rest of the year. (A basis point is one one-hundredth of one percent.
Odds of Fed making another big cut to interest rates in November fades
The odds of another big interest-rate cut from the Federal Reserve in November have been fading ahead of a crucial jobs report for September. Traders in fed-funds futures put the chances of a 50-basis-point rate cut on Nov.
How the Fed will decide its next rate cut
It's been two weeks since the Federal Reserve decided to cut its key interest rate for the first time since 2020 during the Covid-19 pandemic. The decision brought the Fed's Federal Funds Rate down to 4.
The Next Fed Rate Cut Is Coming — but How Big Will It Be?
Fed Chair Jerome Powell himself tempered expectations of a 50-basis-point reduction at an event earlier this week.
What the Fed’s Rate Cut Means for Your Wallet
On Wednesday, Sept. 18, the Federal Reserve reduced its benchmark interest rate for the first time since March 2020, during some of the worst of the COVID pandemic. The 50-basis-point cut, which came months later than most anticipated at the start of 2024,
A new report illustrates just how stuck the housing market is
Just 2.5% of homes in the US changed hands this year in the first eight months, the lowest turnover rate in at least 30 years ...
Housing market’s losing streak hit an inflection point
September was a promising sign for the housing market, with flat pending home sales and waning monthly costs, per Redfin.
3 Housing Market Predictions for 2025
Experts predict average mortgage rates may fall as low as 5.55% by the end of 2025. Find out what might cause the shift and ...
The housing market just saw its biggest August logjam since before the pandemic
Redfin also said that more than 20% of homes on the market got a price cut in August, the highest share for an August in five ...
Housing market shift: Here’s where homebuyers are gaining power fast
Buyers have gained some leverage in most resale markets over the past year, with some markets even becoming buyer’s markets.
Do immigrants drive up housing costs? Experts debunk JD Vance claims from vice-presidential debate
Housing experts dispute Vance’s debate claim that “25 million illegal aliens competing with Americans for scarce homes is one ...
It's not a great fall housing market, but this is ‘as good as it gets,' economist says
Mortgage rates are lower and more homes are for sale in some areas. Here’s what to expect in the housing market this fall.
Helene: Housing FEMA aid, insurance, safety should be priorities; Asheville housing expert
For homeowners in Western North Carolina, safety and applying for aid through insurance companies and FEMA should be top ...
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A home costs more than ever in Kansas. The 2008 housing crisis is part of the reason
Demand for homes in Kansas is high, but construction of new homes has been slow for more than a decade. Kansas saw a ...
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The housing market is seeing its biggest logjam since before the pandemic
The housing market is in the midst of its biggest slowdown since the pandemic, according to Redfin. The real-estate ...