Fed Holds Rates Steady But Indicates Three Rate Cuts in 2024. Here’s What That Could Mean for Housing
The Fed left rates unchanged Wednesday but it did indicate it will cut rates three times before the end of the year. The central bank said it needs to see inflation move more sustainably toward its target 2% goal before initiating rate cuts. “Recent indicators suggest...
Fannie Mae Projects Higher Mortgage Rates For Longer Than Expected
Fannie Mae’s most recent economic projections, up to March 2024, suggest that mortgage rates will remain elevated for a while longer. Per Fannie Mae’s Economic and Strategic Research (ESR) Group, the 30-year mortgage rate is now projected to sit at 6.4% by the end of...
Mortgage Rates Dip for Second Straight Week
The 30-year fixed-rate mortgage (FRM) continued to decrease this week, from last week’s average of 6.88% to an average of 6.74% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The...
Mortgage Applications Begin to Thaw for Spring
Mortgage applications increased 9.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Mar. 1, 2024. This week’s numbers: The Market Composite Index, a measure of mortgage...
Strategies to Boost Your Content’s Visibility
What’s the point of having a social media game plan if your content isn’t getting in front of the right people? Here are a few ways to improve your brand’s visibility and reach on social media.
Read more.
Provided by
