The Federal Reserve is gearing up for another aggressive year of rate hikes meant to slow inflation, and while economists are optimistic, homebuyers are losing steam
Homebuyers in costly markets could soon be eligible for $1 million mortgages with just a 3 percent deposit thanks to a new loan cap from the Federal Housing Finance Agency
The Fed is expected to reduce its interest rate increases to half of a percentage point in December, though tighter monetary policy will continue until inflation ebbs
As the Federal Reserve continues to raise its short-term rates to cool inflation and slow the housing market, prospective buyers are desperate for a reprieve
The Federal Reserve is increasing its short-term interest rates yet again, and that will likely amount to even higher borrowing costs for buyers already strained by historic home prices and rampant inflation