The Fed Cut Rates: What Does it Mean for Mortgage Rates?
By now, you’ve probably heard about the news: the Federal Reserve recently cut interest rates for the first time in four years. But what does that really mean for home buyers and sellers? You might be wondering how this impacts mortgage rates, home prices, or your ability to make a move in today’s
How Buyers are Adapting in Today’s Housing Market
For the first time since 2020, housing affordability improved year over year. This is largely due to a drop in mortgage rates, which have dipped from 7.07% to 6.09% over the past year. While this is undoubtedly great news for home buyers, affordability remains a challenge for many. According to r
Categories
