The Federal Reserve announced today that it would increase the federal funds rate by 0.25%, its first increase in more than three years, with more hikes projected for the remainder of the year.
The post Fed votes to increase interest rates, projects more hikes in 2022 appeared first on Atlanta Agent Magazine.
Inflation, soaring gas prices, stock market volatility, and the war in Ukraine are already being felt in the superheated U.S. housing market. But will prices slow?
The post Inflation, Gas Pump Pain, and Putin: How the Turmoil Could Have a Big Impact on Home Prices appeared first on Real Estate News & Insights | realtor.com®.
The Federal Reserve is set to raise interest rates this week. What does that all mean for people who want to buy a home in 2022?
The post The Fed Is Poised To Raise Rates. Here’s What You Need To Know—and Why That’s Bad News for Homebuyers appeared first on Real Estate News & Insights | realtor.com®.
The 30-year fixed-rate mortgage averaged 3.45% for the week ending Jan. 13, up nearly a quarter of a percent from the previous week.
The post Bad News for Home Buyers: Mortgage Rates Soar to Highest Level Since March 2020 appeared first on Real Estate News & Insights | realtor.com®.
The degree to which 12-month inflation readings fall back to the central bank’s 2% goal could rest on the behavior of rents and home prices. In recent months, housing-cost trends point to more persistent upward price pressures in the coming years.
The post Rising Rents Pose Risks to the Fed’s Inflation Outlook appeared first on Real Estate News & Insights | realtor.com®.
While this wonky monetary policy change may sound like a long way off, it could have an impact on the hot housing market today.
The post The Fed Doesn’t Expect Rate Hikes Until 2023, but They Could Affect Today’s Housing Market appeared first on Real Estate News & Insights | realtor.com®.
The Fed made some of the biggest changes to its policy in years, but the new approach won’t mean that consumers will save money across the board.
The post The Fed Has a New Approach to Inflation: What It Means for Your Savings, Credit-Card Debt—and Your Mortgage Rate appeared first on Real Estate News & Insights | realtor.com®.