Economy
Fed rate cuts: A small reduction may not help the slowing housing market
Other factors, including economic volatility, are seen pushing home loan interest rates higher
Other factors, including economic volatility, are seen pushing home loan interest rates higher
Affordability crisis emerged as important election issue
Economic and political uncertainty blamed for 3.4% price growth year over year
Despite increased interest, housing still falls behind issues such as the economy and immigration
In another sign of the high cost of homes, buyers are older and richer than ever before
Home construction accounted for 28% of the housing inventory, down from 34.4% in 2022
This will be a momentous week for the real estate mortgage industry as the presidential election wraps up and the Federal Open Market Committee meets
The leading provider of mortgage financing added more than $100 billion in liquidity to the market
But commissions for high-end home sales face downward pressure
The economy added an anemic 12,000 jobs for the month, the lowest amount in four years
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