mortgage rates

Why the Fed needs to cut interest rates to lower inflation, according to a JPMorgan strategist

Business
Jessica Roberts

US Federal Reserve Chair Jerome Powell attends a press conference in Washington, DC, on March 22, 2023.Liu Jie/Xinhua via Getty Images If ...

Federal Reserve expected to cut rates, lift Biden’s prospects

Politics
Amanda Smith

By Jarrett Renshaw and Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve looks on track to cut interest rates as the ...

Biden wants to make it easier for people to buy their first home. But there aren’t enough houses.

Politics
Amanda Smith

Stefani Reynolds/AFP via Getty Images President Biden laid out new housing market proposals during his State of the Union address on Thursday. ...

Warren Buffett Explains Why This ‘Bad’ Number Indicates Good News For The Real Estate Market — One Of His Favorite Housing Metrics To Watch Signals A Shift

Business
Jessica Roberts

Berkshire Hathaway Inc. CEO Warren Buffett is renowned not just for his investments in blue-chip stocks but also for his advice on ...

Shark Tank’s Barbara Corcoran says you’re ‘dead wrong’ if you try to wait for a better deal on the housing market

Business
Jessica Roberts

Barbara Corcoran.BI Don’t wait for a better deal in the housing market, Shark Tank’s Barbara Corcoran says. As rents and mortgage rates ...

Surging Mortgage Rates Put The Brakes On Home Sales, Squeeze Self-Storage Demand And Drive Down Rental Rates

Business
Jessica Roberts

With high mortgage rates resulting in slower home sales, people aren’t moving around as much, which is impacting the demand for self-storage ...

Owning A Home In The US Now Demands A Six-Figure Salary

Business
Jessica Roberts

The housing market has witnessed an unprecedented surge over the past three years, causing an affordability crisis across the U.S. While the ...

If mortgage rates fall, bidding wars will follow, expert says

Business
Jessica Roberts

Mortgage rates are pulling back from 8%, a seemingly promising sign for sidelined buyers. But further declines could unleash pent-up demand. “If ...

Here’s the good news — and the bad news

Business
Jessica Roberts

The housing market has been pushed out of reach for some Americans by sky-high mortgage rates.Getty Images US housing market affordability will ...

Four potential areas of growth in 2024

Business
Jessica Roberts

Investors looking for stock winners beyond this year’s “Magnificent Seven” may have a broader selection to choose from in 2024. “Stock picking ...