Tag: Interest rates

Fed Raises Interest Rates by 75 Points

For the third time in a row, the Federal Reserve’s Federal Open Market Committee (FOMC) raised the nominal interest rate by 75-basis points at the conclusion of their scheduled two-day… Read more »

High Housing Costs Unlikely to Moderate

As national population growth sits at a record low, domestic migration was the key component of population change on state and local levels in 2021, according to demographic findings of… Read more »

A Move Away From Entry-Level Homes?

The Mortgage Banker’s Association or MBA recently released the results of a survey for the week ending on October 2, 2020. The volume of mortgage loan applications increased by 4.6%… Read more »