Thursday, March 5, 2020

What Fed’s Emergency Rate Cut May Do for Mortgage Rates

What Fed’s Emergency Rate Cut May Do for Mortgage Rates: Today’s interest rate cut is 'an appropriate response to changing events,” says NAR’s chief economist. Will lower mortgage rates follow?
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NAR Existing-Home Sales Report Shows 3.2% Increase in May

NAR Existing-Home Sales Report Shows 3.2% Increase in May : First-time buyers rose to 35% of all buyers — the highest share since June 2020 ...