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1 week ago | 
themortgagereports.com | Paul Centopani
The Federal Reserve kept the federal funds target range steady at its June meeting, continuing the wait-and-see approach. With the annualized pace of inflation ticking back up in May and the Trump Administration sowing instability domestically and abroad, the central bank determined now isn’t the time.
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2 weeks ago | 
themortgagereports.com | Paul Centopani
Will mortgage rates rise after the Fed meets? The Federal Reserve will hold its next Open Market Committee meeting on June 17-18. Will it come with another rate cut? Or will the committee keep rates steady (or possibly even raise them)? The annualized inflation rate remains above the Fed’s long-term goal of 2%, but most recently increased to 2.4% in May from 2.3% in April. At its three previous meetings, the central bank held rates steady in January, March, and again in May.
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2 weeks ago | 
themortgagereports.com | Paul Centopani
Scraping and saving for a down payment on a house presents one of the biggest challenges to potential borrowers. The current affordability crisis makes this especially difficult, and that’s before factoring in the financial and economic uncertainties facing us all. However, leveraging down payment assistance (DPA) could help you clear those hurdles. Two experts give their DPA tips and advice to help turn prospective home buyers into homeowners. Answers have been edited for brevity and clarity.
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2 weeks ago | 
themortgagereports.com | Paul Centopani
With mortgage rates stubbornly remaining higher for longer than anticipated and inventory still rebounding, first-time home buyers are having trouble in 2025. Flexibility and preparation can help you stand out in a crowd of buyers, while being “clear-headed and well-informed tend to win more often than not,” according to Atlas Real Estate’s Tony Julianelle.
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1 month ago | 
themortgagereports.com | Paul Centopani
Fed decides to hold in MayAlthough widely anticipated, the Federal Reserve didn't change the federal funds target range at its May meeting. With the annualized pace of inflation still above its long-term goal of 2% and the Trump Administration's power consolidation causing social and economic turmoil, the central bank continued the wait-and-see approach.
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1 month ago | 
themortgagereports.com | Paul Centopani
Will mortgage rates rise after the Fed meets? The Federal Reserve will hold its next Open Market Committee meeting on May 6-7. Will it come with another rate cut? Or will the committee keep rates steady (or possibly even raise them)? The annualized inflation rate remains above the Fed's long-term goal of 2%, but most recently decreased to 2.4% in March from 2.8% in February and 3% in January.
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1 month ago | 
themortgagereports.com | Paul Centopani
Home building and affordability across the United StatesAlthough for-sale inventory is rebounding, there's still a large gap between supply and demand. Aspiring home buyers struggle with too few options, especially at the lower end of the market. A report from Realtor.com graded the entire country on how effectively those issues are being addressed. See how every state measured up.
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2 months ago | 
themortgagereports.com | Paul Centopani
Once a cost-of-living safe haven, Florida's housing market may becoming unsustainable from combination of diminishing affordability and aging infrastructure. A report from Cotality points out two key warning signs that could determine how the state's real estate might look going forward. For a long time, Florida drew in droves of home buyers with its low taxes and reasonable property values.
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2 months ago | 
themortgagereports.com | Paul Centopani
With the upheaval of the Trump administration's tariffs taking hold, the impacts are being felt across the housing market. Over half of prospective home buyers said they are either holding off or outright scrapping their plans. As tariffs cause prices to rise and widespread uncertainty weakens job security and the stock market, fewer people are looking to make major purchases.
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2 months ago | 
themortgagereports.com | Paul Centopani
As the United States’ growing uncertainty and instability met the affordability crisis, a 44.4% share of real estate sales came with seller concessions in 2025’s first quarter. That increased over five percentage points from the year before while some housing markets had concessions on more than half of their home sales. Concession stand: What should home buyers ask for? In the first quarter of 2025, 44.4% of home sales came with seller concessions, according to Redfin.
