Source: FT Adviser — Fixed rate mortgages have begun to fall after reaching 6 per cent last year, but remain relatively high, but with the prospect of falling interest rates, some are questioning whether borrowers may revert to tracker mortgages. When compared...
Source: Reuters — Jan 18 (Reuters) – Federal Reserve policymakers on Wednesday signaled they will push on with more interest rate hikes, with several supporting a top policy rate of at least 5% even as inflation shows signs of having peaked and economic...
Source: The Salem News — With mortgage rates spiking above 7% for the first time in 20 years, the pandemic-fueled housing boom came to a screeching halt in 2022. The after-effects of easy monetary policy, skyrocketing energy prices, and supply chain issues...
Source: The Katy News — When it comes to the real estate business, buying and selling homes is a big financial engagement for a lot of people. This is especially true in current times as the market is extremely competitive. This in itself is a really big...
Source: USA Today — Soaring inflation in the U.S. has rocked the stock market for the last 12 months. The COVID-19 pandemic triggered the largest stimulus response in history from the Federal Reserve and the government during 2020 and 2021, and it’s...
Source: The Salem News — There is one troubling word that Freddie Mac’s chief economist Sam Khater uses to describe the winter 2023 housing market: weak. “The housing market remains in the doldrums with declining sales, inventory and prices,”...