Bank of America resets Fed interest rate cut forecast ahead of FOMC meeting

It's been a frustrating period for those who have been priced out of the housing market due to high mortgage rates and home prices. Mortgage rates remain significantly higher than those from 2021, and prices for both new and existing homes have surged. Worse, would-be homebuyers, including my son and his wife, have been forced to compete against all-cash offers, making homebuying even more challenging. There's little debate that something needs to change, which is why many are closely watching the Federa ...