Mortgage Rates HIGHER (Not Lower) After Fed Rate Cut

Several things happen on Fed Day--especially on the 4 out of 8 examples with updated rate forecasts from Fed members.  The official announcement of a rate cut is typically the least important aspect.  In fact, it is usually entirely unimportant in terms of its impact on mortgage rates. Ins

Realtor.com® October 12-18th Marks the Best Time to Buy a Home in 2025

Mortgage Rates Near 3 Year Lows Ahead of Fed

Mortgage rates dropped sharply lower today relative to the amount of movement in the underlying bond market with the average lender right in line with the lowest levels since late 2022. Because rates are directly tied to the prices of those bonds, the correlation tends to be almost perfect over time

Realtor.com®: Two Years of Declining Rents Have Renters Ready to Make a Move