
Fed Cuts Key Interest Rate a Quarter-Point
The Fed cut its key interest rate by 0.25%, lowering it to 4.6%, as inflation drops near its 2% target. Interest rates impact mortgage rates.
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Mortgage Rates Rise for Sixth Straight Week
Average rates on 30-year mortgages ticked up to 6.79% from 6.72% last week. Borrowing costs on 15-year fixed-rate mortgages rose to 6% from 5.99% last week.
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Aging-In-Place Tech Making Staying Home Easier
Older adults who want to age in place have new technology that makes it easier, including smart home and medical management systems.
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NAR Adds Guides for Buying and Practice Changes
NAR released a new guide for first time buyers and a video series for Realtors related to the practice changes for the proposed settlement.
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