Your Reverse Mortgage Expert
What Does the Fed Rate Cut Mean for Home Prices? At the last two Federal Reserve Board meetings, the agency cut the federal funds rate — for a total of 0.75%. You might think this means all interest rates will automatically drop by that same amount, but that’s not really how it works. The federal […]
The Median Home Price Is Nearly $18,000 Lower Than a Year Ago Homebuyers who have been waiting for the right price are getting a bit of a break in 2023, according to a new report by Redfin: The median home price for a home in the U.S. is down nearly $18,000 compared to a year ago. Depending on […]
