×
Housing Market
Fed’s Drastic Rate Cut Drives Investors to Buy Before Housing Prices Surge
On Wednesday, The Federal Reserve made a significant move to lower its benchmark interest rate by 0.50 percentage points, or double the usual 0.25 percentage point cut. The move, approved by 11 out of 12 Fed voters, lowers the benchmark rate to a range between 4.75%...
Harris’s Destructive Housing Plan: A Path to Rising Property Prices and Economic Instability
Countless people are still holding onto the dream of becoming homeowners even though the events of recent years have made this goal seem downright impossible. The situation may become worse, though. Why? Because the American Dream of owning a home faces an even...
Mortgage Rates Fall Below 7% – Investors Grab Available Properties to Lock in Lower Rates
Long-term mortgage rates have declined for the third consecutive week, falling slightly below 7%. This marks the first time since mid-April that the average rate on a 30-year mortgage has dropped below 7%, providing a modest relief for prospective homebuyers and...
Rising Rental Rates Defy Cooling Inflation Trends CPI Report Reveals
The latest Consumer Price Index (CPI) report, released May 15, 2024, indicates that inflation has cooled a bit, but rising rental rates are still present. The overall inflation rate has shown signs of deceleration, with the CPI increasing by only 3.4% from the...
Spring Season Mortgage Rates Dip Signaling Strategic Time for Real Estate Investors to Secure Properties
The real estate sector has experienced a modest but noteworthy change as the spring season mortgage rates experienced a drop, something the market hasn’t seen in over a month. Reports from Freddie Mac highlight this change, detailing that the average rate for a...
Fund and Grow Morris Invest
