Tag Archives: federal reserve

The Fed, Communes and Barges

Redefy Real Estate housing news 092616 barge by BIG
An Urban Rigger barge complex. Image: Urban Bjarke Ingels Group

Redefy housing news 9-26-2016

This week in housing news you can use, the Fed wrestles with rates, millennials find value in co-housing, and barges may solve some housing shortages. Continue reading The Fed, Communes and Barges

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Rooftops, student housing and prenups: Housing news 8.22.16

Redefy Real Estate summer nights cocktails at sunset
A Denver condominium offers great rooftop views and entertaining space. Click the image to read “Summer Nights: 11 ways to play after dark”.

This week in housing news you can use, developers are looking up, mortgage rates dodge bullets, investors look at student housing, flat fee real estate gets recognized and houses are designed for divorce.

Continue reading Rooftops, student housing and prenups: Housing news 8.22.16

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Campaign Promises, Debt and Real Estate Music Videos: Housing news 8.15.16

Redefy Real Estate housing news 8.15.16 Zed Nasheet video

This week in Redefy Real Estate’s roundup of news you can use, housing steps into politics, more Americans are using credit, mortgage applications lake a leap and one agent hip-hops into music videos.

Continue reading Campaign Promises, Debt and Real Estate Music Videos: Housing news 8.15.16

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Fed Rates Hold for Spring 2016

Redefy Real Estate. Fed holds rates for spring but 2 hikes forecasted for 2016. Graph Bill Conerly.
The Marriner S. Eccles Federal Reserve Board Building in Washington, D.C. (graph by Bill Conerly for Forbes)

The Federal Open Market Committee (FOMC) led by Federal Reserve chairwoman Janet Yellen met Tuesday and Wednesday, March 15-16, to make its recommendation on fund rates.

After looking at the economy (and jobs in particular) in US and global markets, the board determined to “maintain the target range for the federal funds rate at 1/4 to 1/2 percent.” What does that mean for home buyers?

Continue reading Fed Rates Hold for Spring 2016

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Mortgage Rates Going Down

Mortgage rates are expected to go down this first quarter of 2016. Although the Federal Reserve raised rates in December, markets continue to reflect reduced rates for 15- and 30-year mortgages, according to CNN Money.

CNNMoney020116 Mortgage rates are still getting cheaper
CNN Money Report: Mortgages are still getting cheaper

by Kathryn Vasel
CNNMoney (New York)

“This is evidence that the Federal Reserve isn’t the sole determinant of U.S. mortgage rates,” said Mark Hamrick, senior economic analyst at Bankrate.

The 30-year mortgage rate fell to 3.79%, the fourth straight week of declines, according to Freddie Mac. A year ago, the rate averaged 3.66%.

The rate on a 15-year fixed mortgage also dropped to 3.07%.
Continue reading Mortgage Rates Going Down

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