Federal Reserve
Fed Rate Cuts Are Here, But Mortgage Rates May Stay Higher for Longer
The Federal Reserve’s latest move to cut its federal funds rate by 25 basis points signals a more cautious approach to monetary easing as we move into 2025
Mortgage Applications Decline: What It Means for Homebuyers
After a five-week streak of growth, mortgage applications took a slight dip last week, signaling the early arrival of the winter housing market.
What Rising Inflation Means for You: Fed’s Preferred Gauge Hits 2.3%
Inflation is a topic that affects everyone, whether you’re managing a household budget, planning a big purchase, or simply keeping an eye on your savings. The Federal Reserve’s preferred inflation measure, the personal consumption expenditures (PCE)
U.S. Debt and Economic Trends That Could Impact Your Mortgage Rates
The U.S. national debt has reached unprecedented levels, climbing to $34.8 trillion as of mid-2024, according to the Department of the Treasury.