Housing Market Trends

What Does This Mean for You?

Buyers

There isn’t as much competition in the wintertime, so sellers might be more willing to work with you. If the home inspection brings up some issues, don’t be afraid to ask your seller to make repairs or lower the asking price—and you don’t have to do it alone. A RamseyTrusted^® real estate pro can help you negotiate a deal that works for you.

Sellers

Winter’s here (and in full swing)! But that doesn’t mean you can’t sell your home for the right price. Remember, the nicer your home looks, the more likely it is to sell—and for more money. Set the mood to attract the right buyer by keeping the decorations simple, cranking up the cozy, and uploading high-quality photos to listings.

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How Do Fed Interest Rate Cuts Impact Mortgage Rates?

The Federal Reserve (also known as the Fed) is the U.S. central bank that creates money and sets interest rates. Now, the Fed doesn’t tell commercial banks what interest rates to charge on loans, but it does influence the banks’ rates by setting a target for the federal funds rate.

Even though the Fed doesn’t actually set mortgage interest rates, its decisions can still affect your mortgage. In our article about the Federal Reserve, get the full breakdown—and the answer to your big question: Should I buy a house now or wait?