The Federal Reserve has cut its short-term bank borrowing rate by 100 basis points since mid-September. But mortgage rates have refused to budge lower. When will the mortgage rates buckle and by how much? No one knows with certainty but a good estimate is for 6% to 6.5% by midyear.
– Lawrence Yun
related news & insights.
January 20th 2025 Weekly Real Estate Update
Last Week in Real Estate It was a busy week in Sun Valley for real estate, and after a slow start to 2025 the numbers picked up. With limited snow (and not much in the forecast - we could use some attention, Mother Nature!), we'll see if people focus a bit more on real estate [...]
Courtesy of Berkshire Hathaway HomeServices Sun Valley Properties. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Sun Valley MLS. Detailed information about real estate listings held by brokerage firms other than Berkshire Hathaway HomeServices Sun Valley Properties include the name of the listing broker. Neither the listing company nor Berkshire Hathaway HomeServices Sun Valley Properties shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. . All rights reserved.