Today’s News Synopsis:
Big move from the Fed: another 25 bps rate cut brings the federal funds rate to its lowest point in nearly three years. With rates now at 3.50%–3.75%, borrowers may soon feel some relief as financing conditions continue to ease.
In The News:
CBS News – “The Fed just cut rates to their lowest point since 2022. Here’s what that could mean for mortgage rates“ (12-10-25)
“The Fed just slashed its benchmark rate again and that could have an impact on mortgage rates.”
Investing.com – “U.S. households more pessimistic on finances despite steady inflation – NY Fed” (12-08-2025)
“U.S. households became more pessimistic about their financial situations in November, even as their inflation expectations remained unchanged, according to a New York Federal Reserve report released on Monday.”
SFGate – “Calif.’s insurance crisis is backing house-hunting apps into a corner” (12-08-25)
“Pressure from the California Regional Multiple Listing Service led Zillow to remove its climate risk data from its listings. ”
Redfin News – “Starter-Home Sales Climb 5%, But Prices Stay in Check as Inventory Hits 9-Year High“ (12-04-25)
“Starter-home sales rose 4.9% year over year, increasing for the 14th consecutive month. In comparison, sales of mid-priced homes inched up 0.7%, and high-priced home sales rose 0.8%.”
YahooFinance – “NAR Chief Economist Lawrence Yun Says Real Estate Sales Could Jump 14% Next Year“ (12-04-25)
“The freeze affecting many housing transactions had started to ease, National Association of Realtors Chief Economist Lawrence Yun told thousands of real estate professionals at the George R. Brown Convention Center in Houston on Nov. 14, according to Homes.com.”
California Real Estate Investor Events
Bruce Norris will be the keynote speaker at the Fliphacking event in San Diego on Tuesday, Oct 12.
The Norris Group presents its award-winning black-tie event I Survived Real Estate 2023 on Friday, October 27.
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