Interest Rates Archives

If reelected, Trump could seek greater control over Federal Reserve

A report published late Thursday by The Wall Street Journal said that allies of former president and presumptive 2024 Republican nominee Donald Trump are working behind the scenes on policies that could make the Federal Reserve less independent, if Trump were reelected this fall. Former Trump administration officials have been discussing several proposals, ranging from [...]read moreIf reelected, Trump could seek greater control over Federal Reserve

Q2 AgentPulse survey: Low inventory is greatest challenge

April 16, 2024 mpsingh No Comments Real estate AgentPulse, challenge, Commission Lawsuit, Greatest, Housing Market Data, Interest Rates, Inventory, Survey

Although more agents are fielding questions about the commission lawsuits than they were a quarter ago, they also remain optimistic about where the housing market is headed in the second quarter of 2024, according to the RealTrends Q2 2024 AgentPulse survey. The survey, which was conducted between the end of March and early April, garnered [...]read moreQ2 AgentPulse survey: Low inventory is greatest challenge

The month in reverse mortgage rates: April 2024

April 5, 2024 mpsingh No Comments Real estate April, HECM, Interest Rates, Month, Mortgage, rates, Reverse

In the March rate update, we discussed why Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgages (HECMs) utilize two interest rates. The “expected rate” is unique to reverse mortgages and is calculated by adding the lender’s margin to the weekly average 10-year constant maturity treasury (CMT). This rate is used, among other things, to help [...]read moreThe month in reverse mortgage rates: April 2024