For home shoppers, the Fed’s big rate cut is likely just a small step towards affording a home The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come ... 09/22/2024 - 7:46 am | View Link
Here are 4 ways the Federal Reserve's big rate cut could change the housing market Rates bottomed out below 3% for a 30-year fixed-rate mortgage during 2020 and 2021 when the pandemic led to lockdowns, but then climbed to nearly 8% last year amid a robust economy and rising ... 09/18/2024 - 10:48 am | View Link