Many are speculating about2025 mortgage rate predictions.Experts predict further declines, with the Mortgage Bankers Association and Wells Fargo forecasting the 30-year fixed mortgage rate could fall to between 5.5% and 6.0% by the end of this year. While the Federal Reserve did not cut rate...
Mortgage rate predictions February 2025 As inflation stays higher than hoped and the Federal Reserve looks less likely to lower its benchmark rate,mortgage ratesaren’t likely to move much this month. “The Fed has short-term interest rates on hold until we see sustained progress toward 2 perce...
coming days as a result of today's decision. Some economists are predicting that the base rate won't fall until May or June, however, London Stock Exchange Group data shows that the base rate is largely expected to fall an entire percentage point, down to 4.25%, by the end of 2024. ...
However, rushing could land a rate that might look good on paper but adds up to a mountain of interest over the life of a 15- or 30-year loan. Even when it feels like time is of the essence, you can (and should) always explore your options. Here’s how you can do that wisely...
no real progress has been made; a hopeful slip to 2.6% in June was short-lived, and has now been offset by 2.8% figures for October and November. Overall, core PCE prices have managed to hold about a 2.7% rate for the last seven months, a level still well above the Fed's target....
Mortgage rates were expected to hold steady following the Fed's latest rate pause, but according to data from Freddie Mac, they've actually risen slightly - up roughly 0.30% - from where they were when the Fed made its June 14 announcement. And with the Fed expected to raise rates again...
Housing News October 31, 2024 The Back and Forth on Interest Rates In today's episode of the Mortgage Rundown, we discuss the impact of recent interest rate changes, economic data, and the upcoming election on the financial markets. Read More Housing News, Videos September 19, 2024 Inte...
Carried at quarter-end a 98% floating rate loan portfolio with$2.7 billionin total loan commitments comprised of over 99% senior loans. As ofJune 30, 2024, portfolio weighted average stabilized LTV was 63.7% (3) and realized loan portfolio yield was 7.0% ...
Carried at quarter-end a 97% floating rate loan portfolio with$2.5 billionin total loan commitments comprised of over 99% senior loans. As ofSeptember 30, 2024, portfolio weighted average stabilized LTV at origination was 63.9% (3)and a stated and realized loan portfolio yield ...
Will the Housing Market Roar Back in 2024? Our Fearless Predictions for the Year Ahead Posted on11/30/2023 By Clare TrapassoNov 29, 2023The past year has been a particularly brutal one for the housing market. Buyers can’t afford to buy, sellers don’t want to sell, mortgage rates are...