What a Fed Rate Cut Could Mean for Mortgage Rates

The Federal Reserve (the Fed) meets this week, and expectations are high that they’ll cut the Federal Funds Rate. But does that mean mortgage rates will drop?
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The Federal Reserve (the Fed) meets this week, and expectations are high that they’ll cut the Federal Funds Rate. But does that mean mortgage rates will drop?

You’ve been waiting for what feels like forever for mortgage rates to finally budge. And last week, they did – in a big way.

You’ve been waiting for what feels like forever for mortgage rates to finally budge. And last week, they did – in a big way.

Even with more homes on the market right now, some buyers are still having a tough time finding the right one at the right price.

Even with more homes on the market right now, some buyers are still having a tough time finding the right one at the right price.

You may be seeing headlines about how foreclosures are rising. And if that makes you nervous we’re headed for another crash, here’s what you should know.

You may be seeing headlines about how foreclosures are rising. And if that makes you nervous we’re headed for another crash, here’s what you should know.

You may have seen talk online that new home inventory is at its highest level since the crash.

You may have seen talk online that new home inventory is at its highest level since the crash.

If you’re still worried about having to deal with a bidding war when you buy a home, you may be able to let some of that fear go.