One of the most common and understandable questions buyers are asking right now is this: “If the Federal Reserve has cut rates, why is the 30-year mortgage still sitting in the high-5% to low-6% range?” At first glance, it feels like something is broken. Historically, many people associate Fed rate cuts with falling mortgage rates. […]
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The Federal Reserve held interest rates steady at its latest meeting, despite renewed pressure from the White House to move toward lower borrowing costs. While widely anticipated, the vote exposed growing internal disagreement and heightened external demands on Fed leadership. In particular, the dissent of Fed Governor Miran, a recent appointee of President Donald Trump, is significant because it […]
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In a bold move, the Federal Reserve slashed its benchmark interest rate by 50 basis points on Wednesday, bringing it to a new range of 4.75%-5%. This marks the first rate cut since March 2020, signaling a significant shift in the central bank’s strategy to provide relief from elevated borrowing costs.This decision, which lowers rates […]
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Overview of the Lawsuit: A recent lawsuit targeting the National Association of Realtors® (NAR) and other major real estate firms has reshaped how real estate agents are compensated. The lawsuit challenged practices around commission structures, leading to new rules that impact how agents are paid when properties are sold. If you’re a home seller or […]
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The U.S. presidential election is a pivotal event with wide-ranging implications for the nation’s political landscape and economic environment. One sector that often sparks interest during election periods is the housing market. Many prospective homebuyers and sellers wonder how the outcome of an election might influence housing prices, sales, and mortgage rates. While the impact […]
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The Election Year Myth: Why Presidential Races Don’t Sway the Real Estate Market As the presidential election looms, discussions about its potential impact on various aspects of life gain momentum. Among these, the real estate market often becomes a focal point of debate. There’s a prevalent belief that elections create uncertainty, leading potential homebuyers to […]
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With the Federal Reserve set to release its latest policy statement on Wednesday, inflation-weary consumers are eager to know when the central bank might start lowering its benchmark interest rate, offering relief from high borrowing costs. Unfortunately for consumers, the Fed is widely expected to keep rates steady amid persistently high inflation, which remains more […]
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In a move keenly anticipated by markets worldwide, the Federal Reserve made a critical announcement on March 20, 2024. The Fed has chosen to leave interest rates unchanged for the fifth consecutive meeting. This decision underscores a cautious approach toward monetary policy amidst an economic landscape of challenges and opportunities. Here’s a deeper dive into […]
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Recent statistics reveal that in Mountain View, Sunnyvale, and Cupertino, located in Santa Clara County, homes sell for up to 20% above their listed prices, highlighting these areas as some of the most dynamic markets. This trend and an increase in home listings since January suggest a positive outlook for Silicon Valley’s real estate sector […]
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San Francisco: A Global Powerhouse of Innovation and Connectivity San Francisco more than just a picturesque city with its iconic Golden Gate Bridge, is a living story of resilience, innovation, and inclusivity. These qualities are the city’s hallmarks and align perfectly with the core themes of this year’s Asia-Pacific Economic Cooperation (APEC). San Francisco’s Economic […]
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