The Fed cut its policy rate by 0.25% today and mortgage rates moved lower after the announcement. That said, those two developments are not related. In fact, there was no movement in the bonds that underlie mortgage rates when the rate cut was announced. Instead, the market (and rates) moved in response to Fed Chair […]

The housing markets in the United States that are expected to see the most growth in home sales and prices combined are mostly in the Northeast, a notable shift after the South and West dominated last year’s Realtor.com rankings. Processing Content Hartford, Connecticut, Rochester, New York, and Worcester, Massachusetts, topped the list, which examined the

Many Americans may not know it, but they’re sitting on a gold mine just waiting to be tapped. The total equity held in real estate by homeowners is now nearly $36 trillion, according to the latest Federal Reserve data. That marks an increase of over $175 billion over the past year. When measured as a