Category: Financing

Fed Interest Rate Predictions for the June FOMC Meeting

June 11th, 2024
The U.S. Federal Reserve is set to release its updated economic projections this week, and with them comes a cloud of uncertainty. While this outlook traditionally holds significant weight, influenced by the central bank's authority, this time around it may …Read more  »

Experts Predict Major Shifts in Mortgage Rates in June 2024?

June 10th, 2024
The housing market can feel like a rollercoaster at times, and June is shaping up to be no exception, especially for those navigating mortgage rates. Unlike a leisurely scenic train ride, June's housing market promises a white-knuckled experience, filled with sharp …Read more  »

Will Mortgage Rates Drop in June 2024: “Mixed Predictions” So Far!

June 10th, 2024
Uncertain inflation outlook leads to mixed predictions for June mortgage rates. Experts weigh in on whether rates will climb, fall, or hold steady. Let's find out in this article. The battle against inflation is a key player in the game …Read more  »

More Predictions Point Towards “Higher for Longer” Interest Rates

June 10th, 2024
Remember how everyone thought interest rates would be slashed this year? Buckle up, because the Federal Reserve just switched gears, and now the mantra is "higher for longer." Let's unpack what this means for your wallet, your home, and the …Read more  »

Surprise Job Growth Throws Fed Interest Rate Predictions into Disarray

June 10th, 2024
Buckle up, because the latest US jobs report has thrown a wrench into everyone's economic predictions. Here's the skinny: everyone thought the job market was cooling down, but instead, it exploded in May, adding a whopping 272,000 new positions – …Read more  »

When Will Mortgage Rates Go Down to 3%: Predictions Reveal!

June 10th, 2024
If you are a prospective homebuyer or homeowner looking to refinance your mortgage, you might be wondering when will mortgage rates go down to 3% in the US. The answer is not anytime soon, according to most experts and forecasts. …Read more  »

Interest Rate Cuts: Citi vs. JP Morgan – Who’s Right on Predictions?

June 10th, 2024
The financial world is abuzz with anticipation as two of the leading financial institutions, Citigroup Inc. and JPMorgan Chase & Co., have revised their forecasts for the Federal Reserve's interest-rate cuts. The revisions come in the wake of robust employment …Read more  »

Interest Rate Predictions for Next 2 Years: Expert Forecast

June 9th, 2024
If you're buying a house, refinancing a mortgage, or just keeping an eye on your wallet, understanding the Federal Reserve's interest rate decisions is crucial. These rates affect everything from borrowing costs for cars and homes to the returns you …Read more  »

Mortgage Rate Predictions for Next 3 Years: Double Digit Rise

June 9th, 2024
A new survey by the New York Fed paints a concerning picture for homebuyers. Consumers expect mortgage rates to soar to 10% within three years, a significant jump from current levels. This surprising forecast predicts that mortgage rates will climb …Read more  »