California Homeowners Face an Insurance Crisis. What Will It Mean for Home Prices in the State?

Mortgage Rates Dip to 6.79% as Fresh Listings Flood the Market

“Mortgage rates moved slightly lower this week, providing a bit more room in the budgets of some prospective homebuyers,” Sam Khater, Freddie Mac’s chief economist, said in a statement. “Regardless, rates remain elevated near 7% as markets watch for signs of cooling inflation, hoping that rates will come down further.”

5 Takeaways From the Federal Reserve Meeting

5 Takeaways From the Federal Reserve Meeting

The Federal Reserve concluded a “no news is good news” meeting on Wednesday. But to suggest there is nothing to glean or profit from the announcement that interest rates will remain high for the next two months or that the economy is doing well would be mistaken.