Monthly Archives: September 2024
What does the Federal Reserve Do?
The Federal Reserve doesn’t set mortgage rates outright. But its decisions in setting interest rates do play a role in the percentages lenders offer would-be homeowners. And even if the Fed keeps things unchanged, mortgage rates can still fluctuate. So, overall, how do the Fed’s monetary-policy moves affect mortgages — and influence the cost of... Read More
What Happens to Housing in an Election Year?
The housing market in election years: What history shows While there’s a persistent notion that presidential elections hamper the housing market, recent history tells a different story. There have been nine elections since 1987. Contrary to what many would expect, home price appreciation in those years outpaced appreciation in the 28 non-election years since, according... Read More