Talking Points

The Fed cut rates by 50 basis points on September 18, initiating a new loosening cycle. Since then, average 30-year mortgage rates have RISEN by 50 basis points to around 6.60%. Why? Because September jobs growth was a lot stronger, and September inflation (CPI) was a bit hotter than expected. CPI c

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What Fed Rate Cuts Really Mean

Since the Fed cut rates 50 basis points on September 18, we've seen 30-year fixed mortgage rates rise meaningfully. You may be wondering how this can be. The Fed is reducing the Fed Funds Rate, which is not mortgage rates or even a long-term rate. The Fed Funds Rate is a very short-term rate, litera

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What To Expect from Mortgage Rates and Home Prices in 2025

What To Expect from Mortgage Rates and Home Prices in 2025 Curious about where the housing market is headed in 2025? The good news is that experts are offering some promising forecasts, especially when it comes to two key factors that directly affect your decisions: mortgage rates and home prices. W

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