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Category Archives: Uncategorized

Federal Interest Rates. Sharing a recent blog post from one of our preferred lenders, Sean Poole, with Movement Mortgage. The federal funds rate is now at its highest level in 15 years. Last week Federal Reserve Chair Jerome Powell, along with the Federal Open Market Committee, raised the overnight lending rate by 50-basis points putting […]

What Would a Recession Mean for the Housing Market?

By Keeping Current Matters Some Highlights If you’re wondering what a potential recession could mean for the housing market, here’s what history tells us. In four of the last six recessions, home prices actually appreciated, only falling during the early 90s and the housing crash in 2008. Mortgage rates, though, declined during each of the previous recessions. If you have questions about the housing market […]