Today’s News Synopsis:
Mortgage relief ahead? The Fed’s quarter-point cut sent homebuilder stocks jumping and rates below 6.5% for the first time in nearly a year. Still, experts caution buyers: inflation could push borrowing costs back up.
In The News:
Realtor.com – “Fed Cuts Interest Rate: What Happens to Mortgage Rates Now as Markets React“ (09-17-25)
“The Federal Reserve has lowered its benchmark interest rate by a quarter percentage point, in a highly anticipated decision surrounded by extraordinary political drama.”
NAHB – “What the Fed Rate Cuts Mean for Housing and the Economy” (09-18-2025)
“After keeping rates steady through most of 2025, the Federal Reserve’s monetary policy committee (FOMC) voted at its September meeting to cut its key interest rate by 25 basis points, bringing the target federal funds rate down to 4.25%.”
MortgagePoint – “Congressional Real Estate Caucus Unveils Housing Affordability Measure“ (09-16-25)
“Rep. Mark Alford of Missouri was joined by his fellow Co-Chairs of the Congressional Real Estate Caucus—Reps. Lou Correa of California, Tracey Mann of Kansas, and Brittany Pettersen of Colorado—in introducing the bipartisan “Saving the American Dream Act.””
Redfin News – “With Mortgage Rates Declining, Homebuyers Must Decide: Buy Now With Little Competition, Or Bet on Rates Falling More?“ (09-18-25)
“Pending home sales are up just 0.8% from a year ago, with many house hunters hoping rates will drop substantially more. But if that were to happen, sellers would regain the upper hand and home prices would likely rise more. ”
Yahoo Finance – “61% of Boomers Never Plan to Sell Their Homes, While 76% Say They’re Tired of Blame for Housing Crisis” (09-09-2025)
“Nearly 9 in 10 boomer homeowners (88%) say they don’t care if remaining in their homes prevents younger buyers from entering the housing market.”
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