Category: Economy

Interest Rate Predictions for 2025 and 2026 by NAR Chief

January 28th, 2025
The housing market is a complex web of economic factors, and understanding the interest rate predictions for the next year by NAR Chief Economist Lawrence Yun can help unravel some of that complexity. Yun anticipates that the U.S. Federal Reserve will implement six …Read more  »

Fed Meeting Tomorrow: Interest Rates Expected to Remain Steady

January 28th, 2025
It looks like the Federal Reserve is poised to hold interest rates steady tomorrow, even as President Trump continues to publicly push for immediate cuts. This decision is rooted in the Fed's commitment to data-driven policymaking rather than succumbing to …Read more  »

When is the Next Fed Meeting on Interest Rates in 2025?

January 28th, 2025
The next Federal Reserve meeting where they’ll be discussing interest rates in 2025 is scheduled for January 28-29. That's when the Federal Open Market Committee (FOMC) will get together to hash out monetary policy, which basically means they’ll decide if …Read more  »

When to Expect the First Interest Rate Cut by Fed in 2025?

January 28th, 2025
If you're like me, you're probably wondering when we might finally see some relief from high interest rates. The big question on everyone's mind is: When to expect the first interest rate cut by the Fed this year? Well, the experts are …Read more  »

Today’s Mortgage Rates January 28, 2025: Rates Decline Across the Board

January 28th, 2025
As of January 28, 2025, mortgage rates have experienced a remarkable decline across various categories, providing a glimmer of hope for potential homebuyers and those considering refinancing their existing loans. With these favorable changes in the mortgage landscape, understanding the current trends …Read more  »

Today’s Mortgage Rates January 27, 2025: Rates Drop Across the Board

January 27th, 2025
On January 27, 2025, today's mortgage rates have seen a notable drop across various loan types, making it a potentially cost-effective time for homebuyers and those looking to refinance. The average rates for a 30-year fixed mortgage now sit at 7.04%, marking a significant decrease. …Read more  »

Today’s Mortgage Rates Rise: January 26, 2025 Trends

January 26th, 2025
As of January 26, 2025, mortgage rates have seen an uptick, reflecting broader economic trends that suggest they could remain high for much of the year. Based on data from Zillow, the average 30-year fixed mortgage rate stands at 6.74%, while the 15-year fixed rate has climbed to 6.03%. …Read more  »

Today’s Mortgage Rates Fall: January 25, 2025 Insights

January 25th, 2025
Today's mortgage rates are at the forefront of many minds as potential homebuyers and those looking to refinance seek the best financial options available. As of January 25, 2025, the average interest rate for a 30-year fixed mortgage sits at …Read more  »

Mortgage Refinance Rates January 25, 2025: A Closer Look

January 25th, 2025
Are you feeling the pinch of your current mortgage payments? Wondering if there’s a way to free up some cash or even pay off your home faster? Well, you’re not alone! As of January 25, 2025, mortgage refinance rates are showing some …Read more  »