An open house for sale.Justin Sullivan/Getty ImagesAmerica's housing market likely won't get more affordable anytime soon, Morgan Stanley said. Mortgage rates are poised to stay high even after the Fed eases monetary policy. The bank thinks housing costs will slow their pace of growth, but won't see a decline.Homebuyers and renters shouldn't count on getting much relief from high housing costs, according to Morgan Stanley.Costs have been steadily rising for both buyers and renters in the past year.
Similar Stories to Why Housing Won't Get Much Cheaper When The Fed Cuts Interest Rates on Bing News
jsor@businessinsider.com (Jennifer Sor), Business Insider
Tue, 07/02/2024 - 7:43am
Topics: justin sullivan/getty imagesamerica redfin renters zillow seth carpenter morgan wall street july september freddie mac business insider us stanley fed cuts interest rates mortgage home market policy costs monetary buyers high decline prices year higher rents modest central driven bank affordable lock-in poised price afford working median gap risk longer expect
BING NEWS:
- How Interest Rate Cuts Could Boost the Luxury Housing Market, Too
Wealthy homeowners are less concerned with fixed mortgage rates, but costs have also come down on a variety of other key financial vehicles ...
10/3/2024 - 11:34 pm | View Link - When Could Fed Rate Cuts Move the Needle on Mortgages?
The Fed's recent rate cut is big news for the economy, but can it help you get a cheaper mortgage? Find out if now is a good time to buy or refinance.
09/30/2024 - 12:33 am | View Link - Expert Predictions: Will House Prices Get More Affordable After Fed Rate Cuts?
If you're trying to buy a home, the Fed rate cuts could help you. But it won't happen overnight. See how Fed rate cuts could help create cheaper mortgages.
09/29/2024 - 1:45 am | View Link - Here's What I'm Doing With My Money Now That the Fed Is Cutting Interest Rates
Interest rate cuts are here. Read on to learn more about one financial writer's personal strategy and see whether it's right for you.
09/29/2024 - 12:30 am | View Link - These loans will become cheaper as the Fed cuts rates
While this is bad news for savers (rates on savings accounts and certificates of deposit will certainly decline), it's great news if you need to borrow money. After all, a few different types of loans ...
09/27/2024 - 2:57 am | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more