Tag: Federal Reserve
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Kevin Warsh as Federal Reserve Chair: What This Means for the Deed Market
Donald Trump has decided: Kevin Warsh should take the key position on the Federal Reserve’s governing board. It’s no secret that Trump wants lower interest rates. Will Warsh deliver? And will this stimulate deed transfers in a market that’s been frustrating hopeful sellers and buyers alike? Let’s check into this now.
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Federal Reserve Poised to Start Rate Cuts: What’s Next for Mortgages?
Mortgage rates are dipping down in advance of the Federal Reserve’s discussion of rate cuts this week. Freddie Mac shows the average rate on 30-year, fixed-rate home loans is just about 6.3% as of mid-September, down from 7% at the start of 2025. Two weak U.S. employment reports pushed the average rate down. In response,…
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Borrowing Against Your Equity: HELOCs, Home Equity Loans…and Interest Rates
One of the opportunities you have as a deed holder is the ability to borrow against the home equity you build over the years. But wait. How high is the interest rate you’ll have to pay? Is it worthwhile to pay that rate, in light of what the funds you borrow can do for you…
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Still on the Fence About Selling or Buying This Summer? Consider This.
On the fence about selling your home? Or maybe you’d love to be a buyer, but wonder whether to watch and see if mortgage rates drop… And why not wait for better rates, if you have time to spare? Then again, summer is a traditionally popular time to move. Did you know most deeds change…
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Update! Fed Signals 2024 “Pivot” on Interest Rates. What Should Home Sellers and Seekers Know?
As we’ve all noticed, deed transfers really got stuck in a rut in 2023. Too few owners are selling their homes. Supply is down. Prices are up. A core issue? The Federal Reserve. Over the past two years, the Fed has hiked rates in order to banish inflation and to tighten up the economy. So,…
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“Mortgage Companies Are Desperate”: What’s Next for Homes and Mortgages in 2024?
In February, Zillow said home prices had bottomed out. Was the market about to rally again? Zillow predicted that U.S. home prices would climb at the healthy pace of 6.5%, from August 2023 to August 2024. Of course, home prices usually do go up over time. Now, Zillow economists have slashed their predictions. Their new…
