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Apr. 3, 2024: Fed's Powell emphasized need for more evidence that inflation is easing before rate cuts.
Fed Chair Powell indicated that with the strength of the economy as of late, more time is needed to evaluate the incoming date. "We do...
Andrew Belcher
Apr 27, 20241 min read
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Mar. 26, 2024: There's more bad news for potential homebuyers: Prices just hit another record.
According to S&P's Case Shiller Home Price Index, prices in all 50 major metros across the country rose on average by 6% compared to home...
Andrew Belcher
Apr 25, 20241 min read
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Mar. 20, 2024: Fed holds rates steady and maintains three cuts coming sometime this year.
As expected the Federal Reserve kept interest rates unchanged at their March meeting with Jerome Powell saying in his press conference...
Andrew Belcher
Apr 2, 20241 min read
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Mar. 7, 2024: Powell says Fed is 'not far' from the point of cutting interest rates.
On Thursday, Jerome Powell stated in front of the Senate Banking Committee that he felt policy could become less restrictive if inflation...
Andrew Belcher
Mar 8, 20241 min read
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Feb. 29, 2024: Experts forecast stronger home price growth for 2024.
Over a 100 panelists from the Fannie Mae Home Price Expectations Survey revised their national average home price growth for 2024 from...
Andrew Belcher
Mar 1, 20241 min read
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Feb. 5, 2024: Mortgage rates jump back over 7% as stronger economic data rolls in.
January’s stronger than expected jobs report plus a stronger than expected manufacturing report the following Monday helped spur interest...
Andrew Belcher
Feb 20, 20241 min read
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Feb. 2, 2024: 2024 Mortgage Forecast: When will rates go down?
Take forecasts with a "grain of salt" says Fed chairman Jerome Powell in a September 2023 news conference. With that said, Fannie Mae,...
Andrew Belcher
Feb 18, 20241 min read
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Jan. 31, 2024: Fed chief Jerome Powell says a March rate cut is not likely.
Before any rate cuts can be made, Fed chief Jerome Powell says that the committee needs more time to look at the data to make sure that...
Andrew Belcher
Feb 18, 20241 min read
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