Fed lowers rates, will mortgage rates rise?

Fed lowers rates, will mortgage rates rise?

  The million dollar question is where do interest rates head from here.  The Federal reserve has hinted at more upcoming cuts, what does this mean for mortgage rates?  Does the federal reserve actually control mortgage rates? How is the treasury department...
Shortage of homes will keep prices high… think again; Is there really even a shortage?

Shortage of homes will keep prices high… think again; Is there really even a shortage?

I just saw an article on CNBC with the headline: America is short 5 million houses.  The media is proclaiming a housing crisis throughout the country due to the shortage.  Ironically at the same time the US has hit a record for the slowest population growth in the...
Who is better for real estate Harris or Trump ?

Who is better for real estate Harris or Trump ?

  Wow, it is amazing how quickly tides have changed.  Look at the chart above of the betting market on the next presidential election right after the assassination attempt. Fast forward and another twist happened over the weekend with President Biden stepping...
Will mortgage rates fall significantly in 2024?

Will mortgage rates fall significantly in 2024?

When I was writing this article mortgage rates were hovering right around 7%.  At the same time economists are predicting a sharp decline in mortgage rates and a booming 2024 real estate market.  On the other hand, the chart above shows a much different picture. ...
Interest rates jump again, are they really going to decline this year?

Interest rates jump again, are they really going to decline this year?

As suspected the March consumer price index came in hotter than expected which should be no surprise to anyone buying groceries, going out to eat, or traveling, everything is considerably more expensive and there continues to be insatiable demand.  What does this mean...
Will mortgage rates fall significantly in 2024?

Will mortgage rates fall significantly in 2024?

When I was writing this article rates were hovering right around 7%.  At the same time economists are predicting a sharp decline in mortgage rates and a booming 2024 real estate market.  On the other hand, the chart above shows a much different picture.  Where do...