Category: Banking

Is your dream home slipping through your fingers? Soaring mortgage rates have turned the once-idyllic pursuit of homeownership into a financial obstacle course. With every Fed meeting, hearts race as homeowners and hopeful buyers alike anxiously await the verdict. August …Read more  »

For months, the relentless march of inflation felt like an unstoppable force, squeezing wallets and eroding purchasing power. But June 2024 marked a potential turning point. As the fiery pace of price hikes finally cooled, a glimmer of hope ignited …Read more  »

The forecast for short-term interest rates, particularly three-month money market rates, serves as a critical compass for understanding the economic climate and the direction of central bank policy. The Organization for Economic Cooperation and Development (OECD) predicts a period of …Read more  »

In the world of financial markets, the Federal Open Market Committee (FOMC) meetings are pivotal events that garner intense scrutiny. Market participants, from economists to traders, closely monitor these meetings for any signals regarding changes in the Federal target rate. …Read more  »

As home buyers and owners keep a keen eye on the fluctuating landscape of mortgage rates, understanding the current rates and their movement forecasts can be crucial for making informed decisions. With the potential to shape one of the most …Read more  »

The U.S. housing and mortgage market has faced several challenges recently, primarily influenced by high mortgage rates. Freddie Mac provides a detailed analysis of the current state and future predictions for the market, shedding light on key trends and figures that homebuyers, …Read more  »

For potential homebuyers in 2024, understanding interest rate forecasts is crucial for budgeting and making informed decisions. Here's a breakdown of what experts predict for 30-year fixed mortgage rates this year. Interest Rate Forecast for Housing in 2024 Current Landscape …Read more  »

The housing market has been on a rollercoaster ride in recent years, with mortgage rates fluctuating dramatically. As of June 2024, there's a glimmer of hope for potential homebuyers as rates have dipped below 7% for 30-year fixed-rate loans. This …Read more  »

In a recent turn of events, former President Donald Trump has sent a stern message to the US Federal Reserve Chair, Jerome Powell, advising against any rate cuts before the upcoming election. The ex-president's comments have sent ripples through the financial community, raising …Read more  »