Hops & Homes

Fed cuts rates .25% - mortgage rates go up (again)?

Markets had already priced in the .25% cut (there was a 97% chance of this exact rate cut, according to the markets).

What the market did not foresee was the guidance that 2025 Fed rate cuts will most likely be .50%, instead of the previously expected 1.0%.

The bond market did not like this information, and mortgage rates are worse than when we started the day.

With light volume moving forward due to the holidays, don't expect much change (unless it's continued downside pressure) until we see employment figures in a couple of weeks, the new administration takes office, and we continue to see how inflation reports fare over the next month (or two or three).

Have an awesome holiday - get ready for what we predict will be a VERY productive 2025. If you're interested in buying real estate next year and you don't have a plan, reach out and we'd love to talk about what we're doing/seeing for the new year.

Hint: get your finances in order and work with a reputable local lender to ensure you have the best offer in what we believe will be a competitive market - less competition now, so what are you waiting for??

We'll be in Newberg on February 20th, stay tuned for details/registration information!

We still have a few spots left - join us tomorrow night for our Hops & Homes Investor Edition, w/Melissa Hartvigsen!

Hops & Homes - Landlording Your Way to Retirement Come ready with your real estate investment questions, and have a pint and a slice on us!