Tag Archives: Federal Reserve

As 2023 draws to a close, Fannie Mae predicts that single-family home sales have likely bottomed out and should grow into the next year.

It’s been decades since mortgage affordability has been this bad, leaving some people to give up hope in the American Dream.

For the third meeting in a row, the Federal Open Market Committee chose to hold rates steady based on current market conditions and future predictions. Click through to find out the current interest rate and read a brief history of rate hikes since the pandemic began, as well as commentary from relevant economists and sources.

After a roller-coaster two years, experts expect a ‘flat stretch’ over the next 12 months, according to a new report.

According to a new study from First American, some 90% of homeowners remain discouraged by the idea of selling their homes. Will that change if mortgage rates were to decline in 2024? Here’s what experts predict about the ongoing “sellers’ strike.”

On the one hand, new listings are up year-over-year. On the other, buyers are entering the market in droves, offsetting gains. Click through for more on Redfin’s most recent Market Report.

Commercial real estate looks to be on the leading edge of revitalization, according to comments made by Lawrence Yun, the Chief Economist for the National Association of Realtors. Read on to see what he’s predicting for the months ahead.

A recent Senate Banking Committee hearing featured testimony from the FDIC, NCUA, OCC, and Federal Reserve, discussing protection of the nation’s banking and credit union system, and how to ensure the system equally serves all.

NAR reports that single-family existing-home sales prices rose in the vast majority of metros nationwide in the third quarter, with the national median home price growing to more than $406K.

Redfin reports that many home sellers are getting just two or three offers as opposed to the 20 that were common at the pinnacle of the market. Find out what percentage of homes for sale posted a price drop during the past month.