Market Updates
The Fed Cut Interest Rates...So Why Did Mortgage Rates Go Up?Earlier this month, the Federal Reserve lowered its benchmark lending rate to 4.00%-4.25%. While this resulted in record-high stock market numbers, mortgage lending rates didn't join the celebration.This is...
Market Updates
Mortgage Rates Drop to a Three-Year LowMortgage rates dropped sharply earlier this week, with the average rate on the 30-year fixed mortgage dropping to 6.13%. This is the lowest since late 2022."The overall set-up is reminiscent of September 2024 when rates were...
Market Updates
Loan Rates See Biggest One-day Drop in Over a YearLast week, the average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29%. This was in response to a weak August employment report.It's the lowest rate since early October 2024, and the biggest one-day...
Market Updates
More Ranchers' Heirs Ride Off into the SunsetHome on the range is becoming popular again, especially with the mega-rich, as more family-owned ranches enter the market. While the heirs to a homestead may decide that managing thousands of acres doesn't appeal, others...
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