Today’s News Synopsis:
For the fourth straight meeting, the Federal Reserve keeps interest rates unchanged, with two cuts still projected for later this year.
In The News:
YahooFinance – “Fed holds rates steady, stays on track for 2 cuts in 2025′” (06-18-25)
“The Federal Reserve held interest rates steady Wednesday for the fourth meeting in a row and kept a projection for two rate cuts this year.“
CNBC – “Fed holds interest rates steady: What that means for your credit cards, auto loans, mortgage and more” (06-18-2025)
“The Federal Reserve kept rates unchanged at the end of its June meeting.”
Real Estate Investing Today – “Apartment List’s Millennial Homeownership Report – 2025“ (06-05-25)
“A recent report form Apartment List says Millennials represent the largest generation in the U.S. and are primary actors in the housing market. Citing Census data, their report says Millennials are buying more homes today than any other generation.”
NAR – “How Education is Shaping Homeownership Trends“ (06-11-25)
“The characteristics of homeowners vary significantly across metropolitan areas, shaped by local economic conditions, housing market trends, and demographics.”
GO Banking Rates – “‘3 Least Competitive Housing Markets in 2025”(06-18-25)
“Good news for buyers — we’ve finally reached a more balanced housing market, which means more opportunities to buy and fewer bidding wars. There are some local markets where competition is particularly low — while Zillow found that there are about 5.5 engaged home shoppers (people who have saved or shared a for-sale listing on Zillow) for every home on the market nationwide, in some markets there are far fewer.”
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