Category: Economy
Historical Mortgage Rates Since 1950: How Did Rates Change By Year?
October 2nd, 2024
If you are thinking about buying a home or refinancing your current mortgage, you might be wondering how interest rates have changed over time and what factors affect them. In this blog post, we will take a look at the …Read more »
Mortgage Rates Forecast 2024: How Low Can They Go After Fed Rate Cut
September 23rd, 2024
Mortgage rates are a hot topic as we approach 2024, and many wonder how low they will drop once the Fed cuts rates. With the economy showing signs of change and the Federal Reserve preparing to adjust rates, prospective homebuyers …Read more »
Historical Mortgage Rates Since 1950: Look at the Past (and Future?)
September 18th, 2024
Let's uncover the history of mortgage rates since 1950, from post-war boom to recent volatility. The pursuit of homeownership is a cornerstone of the American dream. But the cost of that dream, often measured in monthly mortgage payments, can fluctuate …Read more »
How a 1% Drop in Mortgage Rates Can Boost Home Buying in 2024
September 17th, 2024
Imagine this: you're looking to buy your dream home, and the mortgage rates just dropped by 1%. This drop could turn your dream into reality by saving you money every month and making your monthly payments more affordable. The topic …Read more »
Mortgage Rates Drop Ahead of Fed’s Meeting Tomorrow
September 17th, 2024
As of September 17, 2024, mortgage rates are following a downward trend, which has many prospective homebuyers and homeowners considering their options. With the recent announcements from the Federal Reserve and shifting market conditions, now is a prime time to …Read more »
Fed Interest Rate Cut Can Save You Hundreds of Dollars Per Month
September 17th, 2024
Imagine waking up one morning and realizing you could save hundreds of dollars each month, all because of a decision made by a group of financial experts! This is not just a dream, but a real possibility as we look ahead to …Read more »
Mortgage Rates Fall 98 Basis Points as Compared to Last Year
September 15th, 2024
Have you been hearing the buzz about how mortgage rates have recently changed? Well, mortgage rates fall 98 basis points as compared to last year is the news that’s making waves and is catching the attention of many eager home buyers and …Read more »
Mortgage Rates Drop to 6.2% Ahead of the Fed’s Planned Interest Rate Cut
September 12th, 2024
In recent weeks, the excitement in the housing market has stirred with the news: mortgage rates are falling ahead of the Fed’s planned rate cut. This drop in rates has potential buyers and homeowners looking to refinance considering their options. Lower …Read more »
Prediction: Record Share of Consumers Expect Mortgage Rates to Fall
September 11th, 2024
In a world where the housing market often feels like a rollercoaster ride, it’s fascinating to see that a record share of consumers expect mortgage rates to fall. While many are feeling unsure about buying homes, they are holding onto hope …Read more »