Inflation Is Slowing. What’s Next for Mortgage Rates?
With inflation and the housing market dominating economic headlines, it’s important to understand how they go hand-in-hand. When the rate of inflation is too high, the Federal Reserve takes action by raising the key interest rate. As a result, borrowing money becomes more expensive—and interest rate
3 Positive Things About the Current Real Estate Market
News about the economy and real estate market can be stressful. Inflation, interest rates, the housing crisis… yikes. If you’re trying to buy or sell a home, all this negative, rapid-fire information can feel overwhelming—and it’s easy to feel like you shouldn’t get into the market at all.But if you
Mid-Year Home Price Predictions from the Experts
Last week, the Fed announced that it would lift its pause on interest rate hikes, raising rates by 25 basis points (0.25%). The current rate is the highest it’s been since March 2001. This move is a further attempt at directing the economy toward a “soft landing,” or a gradual slowdown that curbs in
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