How a Fed Rate Cut Might Impact Mortgage Rates

The Fed Doesn’t Directly Control Mortgage Rates At the moment, all attention is focused on the Federal Reserve. Most economists anticipate that the Fed will lower the Federal Funds Rate during its mid-September meeting in an effort to prevent a possible recession. The CME FedWatch Tool shows that th

Waiting Won’t Sell Your Home — The Right Price Will.

Holding out for the perfect buyer to fall in love with your home? In today’s market, that’s likely not what’s causing the delay — and here’s why. The reality is, homes are taking about a week longer to sell compared to this time last year.According to Realtor.com: “Homes are also taking longer to se

Biggest Yearly Drop in Mortgage Rates Just Occurred

Mortgage rates had been stuck for what felt like forever — until last week, when they dropped noticeably. On Friday, September 5th, the average 30-year fixed mortgage rate fell to the lowest level since October 2024. It was the biggest one-day decline in over a year.   What Caused Rates to Fall? Acc

Why Half of Homes Sell Below Asking Price—and How You Can Prevent It

If your selling strategy still assumes you’ll get multiple offers over asking, it’s officially time for a reset. That frenzied seller’s market is behind us. And here are the numbers to prove it.  Shifting from Chaos to Calm Currently, around half of the homes listed are selling below their asking pr