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How the Fed Really Affects Mortgage Rates (It's Not That Simple)
US News & World Report· 7 days agoThe Federal Reserve sets the federal funds rate, which in turn influences other interest rates. Moves by the Fed do not directly affect long-term fixed mortgage rates. At its June 2024 meeting ...
Mortgage Rates Drop Again to Lowest Rate Since March
Investopedia· 5 days agoMortgage rates dropped again on Thursday, with the 30-year rate losing another 4 basis points. The 30-year rate is now down 22 basis points since Wednesday's inflation report.
US Economy News Today: Federal Reserve Says 'Modest' Improvements Have Been Made in Inflation Fight
Investopedia· 7 days agoFederal Reserve Chair Jerome Powell said the policy-setting committee is sticking to its strategy of...
Redlands real estate market remains strong
The Daily Sentinel· 3 days ago“There is limited inventory with a sellers’ advantage, but prices are still going up,” said Merrite Wyatt, REALTOR® with Bray Real Estate. According to...