From Our CEO
Today’s Fed Meeting Unlikely to Move the Needle on Mortgage Rates
The Fed’s announcement that they’re holding interest rates steady–but still project three rate cuts in 2024–won’t immediately send mortgage rates down, but it shouldn’t send
Redfin Home Price Index: Prices Rose 0.6% in February, Marking Return to Pre-Pandemic Norm
While mortgage rates remain elevated, they’re not as volatile as they were at the height of the pandemic, which has helped stabilize home price growth.
NAR Settlement: Kaboom!
The National Association of Realtors today entered into a $418-million settlement agreement for a wide range of class-action lawsuits brought by home-sellers. Unlike the earlier
New Listings Rose to the Highest Level in 17 Months in February
Housing supply is finally rebounding as sellers get used to elevated mortgage rates, but it’s not rebounding enough to curb home price growth. High housing
Housing Market Update: Listings Surge, Luring Some Buyers off the Fence, But Near-Record Housing Costs Price Others Out
New listings rose 13% from a year earlier, their biggest increase in nearly three years, but home prices and mortgage rates remain elevated. The median
Hotter-Than-Expected Inflation Report Will Push Mortgage Rates Up Slightly–But There’s No Reason to Panic
The latest CPI report essentially eliminates the chance that the Fed will cut interest rates in May, but they’re still likely to cut in June.
Today’s Fed Meeting Unlikely to Move the Needle on Mortgage Rates
The Fed’s announcement that they’re holding interest rates steady–but still project three rate cuts in 2024–won’t immediately send mortgage rates down, but it shouldn’t send
Redfin Home Price Index: Prices Rose 0.6% in February, Marking Return to Pre-Pandemic Norm
While mortgage rates remain elevated, they’re not as volatile as they were at the height of the pandemic, which has helped stabilize home price growth.
NAR Settlement: Kaboom!
The National Association of Realtors today entered into a $418-million settlement agreement for a wide range of class-action lawsuits brought by home-sellers. Unlike the earlier
New Listings Rose to the Highest Level in 17 Months in February
Housing supply is finally rebounding as sellers get used to elevated mortgage rates, but it’s not rebounding enough to curb home price growth. High housing
Housing Market Update: Listings Surge, Luring Some Buyers off the Fence, But Near-Record Housing Costs Price Others Out
New listings rose 13% from a year earlier, their biggest increase in nearly three years, but home prices and mortgage rates remain elevated. The median
Hotter-Than-Expected Inflation Report Will Push Mortgage Rates Up Slightly–But There’s No Reason to Panic
The latest CPI report essentially eliminates the chance that the Fed will cut interest rates in May, but they’re still likely to cut in June.
