The spring housing market began on stronger footing, buoyed by improved affordability and slowly rebuilding inventory despite the recent uptick in interest rates, according to the latest ICE Mortgage Monitor report.
Tag: Interest Rates
Redfin Reports Monthly Payments Tick Up for First Time in 6 Months as Mortgage Rates, Home Prices Jump
The median U.S. monthly mortgage payment is now $2,742, up 0.4% year over year—a small increase, but the first in nearly six months, according to a new report from Redfin.
FOMC Maintains Target Range for Federal Funds Rate; MBA Economist Weighs In
As the market had anticipated, the Federal Reserve’s Federal Open Market Committee left the federal funds target range unchanged Wednesday at its January meeting.
FOMC Cuts Rate 25 Basis Points; MBA Economist Weighs In
The Federal Reserve’s Federal Open Market Committee cut the federal funds rate target by 25 basis points on Dec. 10.
FOMC Cuts Rate 25 Basis Points; MBA Economist Weighs In
The Federal Reserve’s Federal Open Markets Committee cut the federal funds rate target by 25 basis points Oct. 29.
FOMC Cuts Rate 25 Basis Points; MBA Economist Weighs In
The Federal Reserve’s Federal Open Markets Committee cut the federal funds rate target by 25 basis points Sept. 17.
FOMC Rate Pause Remains; MBA Economist Weighs In
The Federal Reserve’s Federal Open Market Committee left interest rates unchanged on Wednesday.
FOMC Holds Rates Steady; MBA Economist Weighs In
The Federal Reserve’s Federal Open Market Committee left interest rates unchanged Jan. 29.
Vaultedge’s Murali Tirupati–Fed’s Rate Cuts Signal Growth: Positive Outlook for Mortgage Lending in 2025
The Federal Reserve’s recent decision to reduce rates by 50 basis points, with further cuts expected through 2025, offers a key turning point for the mortgage industry.
Fed’s Rate Cuts Signal Growth: Positive Outlook for Mortgage Lending in 2025–Murali Tirupati from Vaultedge
The Federal Reserve’s recent decision to reduce rates by 50 basis points, with further cuts expected through 2025, offers a key turning point for the mortgage industry.