Inventory
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Single family homes on the market. Updated weekly.Powered by Altos Research
624,419-11,013
30-yr Fixed Rate30-yr Fixed
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30-Yr. Fixed Conforming. Updated hourly during market hours.
7.17%0.00
Fed PolicyInvestments

Ben Bernanke begins his final FOMC meeting

Market awaits news of further tapering

According to USA Today, stocks are mostly up and projected to break a five-session skid as investors await the outcome of Federal Reserve Chairman Ben Bernanke’s last Federal Open Market Committee meeting. The paper notes:

Fed officials are expected to announce a reduction in its bond buying program by another $10 billion to $65 billion as the U.S. economy continues to improve.

Wall Street got a lift from stabilization in topsy-turvy emerging markets, where central bankers there took steps to address recent currency market volatility and head off a potential crisis.

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An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

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