The Fed just wrapped up its final meeting of the year and cut its benchmark rate by a quarter of a percentage point. [music] It's the third straight rate reduction this year. So, what does it mean for your money.I'm Sharon Eper, the senior personal finance correspondent at CNBC [music] and editor of the Money 101 newsletter. Just because the Fed cut rates doesn't mean your borrowing costs are going to automatically go down. Consumers with short-term variable rate debt, like credit card debt, will [music] se ...

Core Insights - Mortgage rates have remained stable for over six weeks, with the average 30-year rate at 6.07% and the 15-year rate at 5.53% [1][15] - A potential Federal Reserve rate cut is anticipated, which may influence bond market sentiment and mortgage rates [1][14] Current Mortgage Rates - The current national average mortgage rates are as follows: - 30-year fixed: 6.07% - 20-year fixed: 6.03% - 15-year fixed: 5.53% - 5/1 ARM: 6.19% - 7/1 ARM: 6.30% - 30-year VA: 5.64% - 15-year VA: 5.25% - 5/1 VA: 5.40% [5] Refinance Rates - Refinance rates are generally higher than purchase rates, with the current national averages reflecting this trend [3][5] Economic Outlook - Economists do not expect significant drops in mortgage rates through the end of 2026, despite potential Federal Reserve rate cuts [13][16] - The Mortgage Bankers Association forecasts the 30-year mortgage rate to remain near 6.4% through 2026, with a slight dip to 5.9% in Q4 2026 [17]

So, when a seller takes their home off the market, it's called a D-listing. And those are now happening at an unusually high rate. D-listings in October, which are reported with a one-mon lag, were up 45% year-to- date and up nearly 38% from October of last year.That's according to a new report from realtor. com. Now, this is the highest D-listing year since they began tracking this in 2022.D-listings began to rise in June and have remained elevated for five straight months. So about 6% of active listings h ...

Welcome back. We're heading into the slow season for the housing market, but this year could be worse than expected as sellers seem to be giving up. Diana Ol joins us to explain why.Diana. >> Hey, M. Yeah.When a seller takes their home off the market, it's called a D-listing, and they're now happening at an unusually high rate. Dellistings in October, which are reported with a one-mon lag, were up 45 a.5% year-to- date and up nearly 38% from October of last year. That according to a new report from realtor. ...

Mortgage Rate and Affordability - The report forecasts mortgage rates to average 63% in 2026 and remain stable throughout the year [2][3] - Affordability is expected to improve in 2026 due to income rising faster than home prices [4] - Home prices are projected to increase by approximately 22% in 2026, which is anticipated to be slightly below inflation and income growth [4] - The current year's average mortgage rate is about 66% [4] Home Sales and Inventory - Home sales are projected to increase by 17% in 2026, reaching approximately 41 million [5] - Inventory is expected to increase by 89%, providing buyers with more options and negotiating power [7] - Home sales hit a 30-year low in 2024 [5][6] Regional Differences - The Northeast and Midwest are expected to be the strongest markets in 2026, with sales volume and prices growing due to constrained inventory [8] - The South and West are experiencing stronger inventory recovery and new construction activity, leading to more competition among sellers and more affordable prices [9] Market Factors - Uncertainty surrounding the economy is a significant factor holding back the housing market [11] - Rates and prices are factors impacting the housing market [10] Rental Market - Rents are expected to decline slightly by 1% next year [12]

Core Insights - Mortgage rates have increased, with the average 30-year fixed mortgage rate rising to 6.10% and the 15-year fixed rate to 5.55% [1][6][21] - The increase in mortgage rates is likely linked to the latest Personal Consumption Expenditures (PCE) data, indicating inflation is moving as expected, which may affect the Federal Reserve's approach to rate cuts [2] Mortgage Rates Overview - Current national average mortgage rates include: - 30-year fixed: 6.10% - 20-year fixed: 5.97% - 15-year fixed: 5.55% - 5/1 ARM: 6.45% - 7/1 ARM: 6.38% - 30-year VA: 5.56% - 15-year VA: 5.22% - 5/1 VA: 5.40% [6][7] Market Conditions - The current housing market is relatively favorable compared to previous years, with home prices stabilizing and not spiking as during the COVID-19 pandemic [19] - Although mortgage rates have increased recently, they have been trending downward overall, with the average 30-year rate dropping by more than half a point since the beginning of 2025 [19][23] Future Expectations - Economists do not expect significant drops in mortgage interest rates before the end of the year, with only minor fluctuations anticipated [22] - Mortgage rates are expected to remain relatively flat for several months, suggesting that now could be a good time to buy a house [2]

30-year mortgage rates have dropped to their lowest level since October 2024. With the Fed expected to act soon, is it smarter to wait or lock in your rate now? https://t.co/kzNzq2rVuJ ...

Mortgage rates dropped for a second week, hitting the lowest level since late October https://t.co/KvUUD3E5rF ...

Core Insights - The average U.S. home price is currently $360,727, with potential increases if mortgage rates drop to 5% by 2026 [1] - A modest decline in mortgage rates to around 5.9% to 6% could significantly boost buyer demand and home prices [1] Affordability and Demand - If mortgage rates decrease to 6%, approximately 5.5 million additional households could afford a median-priced home, including 1.6 million renters [3] - A drop to 5% would further increase the number of qualified buyers, expanding the pool of potential home purchasers [4] Price Projections - NAR forecasts a 4% increase in home prices for 2026, estimating the average home price to reach approximately $375,156 if rates remain around 6% [5] - If rates drop to 5%, the surge in buyer demand could push prices higher than the 4% increase projected [5] Scenario Analysis - Historical data indicates that every 1% drop in mortgage rates typically brings millions more buyers into the market [6] - A conservative estimate suggests that 5% rates could bring 15%-20% more buyers than 6% rates, potentially leading to a price increase of 6%-7% [7] - This would result in an average home price between $383,170 and $385,978, reflecting an increase of $22,443 to $25,251 from current levels [7]

US mortgage rates fell last week to a one-month low, spurring home-purchase activity https://t.co/kxbMrPNAgh ...