Category: Economy

Auto Added by WPeMatico

Here’s Why Mortgage Rates Are What They Are Right Now

Written by super22 on August 16, 2026. Posted in Affordability, Economy, For Buyers, For Sellers, Mortgage Rates, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

If you’re waiting for mortgage rates to fall a lot before you buy, you may be waiting a while. But before you get discouraged, there’s a number working behind the scenes that’s actually good for you right now. It’s called the spread, and once you understand it, you may see today’s rates in a whole new light.The Pattern That’s Held for 50+ YearsFor starters, mortgage rates don’t move on their own. They tend to follow the 10-year treasury yield, a number tied to how investors feel about the economy.It’s not an exact science, since plenty of other factors can move...

What Buying or Selling a Home Gives Back to Your Community

Written by super22 on July 6, 2026. Posted in Economy, For Buyers, For Sellers, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

Buying or selling a home is a big financial decision. And right now, it feels even bigger. Inflation is high, costs are high, and you want to be sure the timing is right before you make your move. But if you do decide to go for it, whether you’re buying or selling, here’s something reassuring to hold onto. Not only does your move change your own life, but it also gives your whole community a boost.Real estate is a huge part of the economy. In 2025, it added up to about $5.6 trillion, according to the National Association of Realtors (NAR). A good share of that comes from...

More Sellers Are Taking Their Homes off the Market. Here’s What You Need To Know.

Written by super22 on June 28, 2026. Posted in Economy, Expired/Withdrawn/Canceled, For Buyers, For Sellers, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

You may be hearing that a near-record number of homeowners are pulling their houses off the market. And if that headline has you thinking, “Wait… is something bad about to happen?” You’re not alone.Because when people start stepping to the sidelines, it sounds like a warning sign that something’s coming – or that they realize something you don’t know.Here’s the thing. This trend gets spun like it means the market is about to crash. But the data tells a more practical story.What the Numbers Actually SayAccording to the latest data from Redfin, 5.5% of all listings were taken off the market...

Most Experts Are Not Worried About a Recession

Written by super22 on November 20, 2025. Posted in Buying Tips, Economy, First-Time Buyers, For Buyers, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

Homebuyers are watching the economy closely, and for good reason. Buying a home is one of the biggest purchases most people ever make. And some recession talk in the media has made a lot of would-be buyers second guess their plans.In the latest LendingTree survey, almost 2 in 3 Americans said they think a recession is coming. And 74% of respondents say that’s having an impact on their financial decisions.But here’s the good news: the experts aren’t nearly as concerned.Most Americans Expect a Recession, But Most Experts Don’tAccording to an October report from the Wall Street Journal...

What a Government Shutdown Really Means for the Housing Market

Written by super22 on November 6, 2025. Posted in Buying Tips, Economy, For Buyers, For Sellers, Selling Tips, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

There’s been a lot of talk lately about how a government shutdown impacts the housing market. You might be wondering: Is it causing everything to grind to a halt?The short answer? No.The housing market doesn’t stop. It keeps moving. Homes are still being bought and sold, contracts are still being signed, and closings are still happening. The difference is that a few parts of the process may slow down a little, but overall, the market continues to function.Here’s What Typically Happens Whenever the government shuts down, some federal agencies temporarily close or scale back their...

Is the Housing Market Going To Crash? Here’s What Experts Say

Written by super22 on October 20, 2025. Posted in Economy, For Buyers, For Sellers, Forecasts, Home Prices, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

If you’ve seen headlines or social posts calling for a housing crash, it’s easy to wonder if home values are about to take a hit. But here’s the simple truth.The data doesn’t point to a crash. It points to slow, continued growth.And sure, it’s going to vary by local area. Some markets will see prices rise more than others. And some may even see small, short-term declines. But the big picture is: home prices are expected to rise nationally, not fall, over the next 5 years.The Real Story Is in the Expert ForecastsIn the Home Price Expectations Survey (HPES) from Fannie Mae, each quarter over...

Why Experts Say Mortgage Rates Should Ease Over the Next Year

Written by super22 on October 6, 2025. Posted in Affordability, Economy, First-Time Buyers, For Buyers, For Sellers, Mortgage Rates, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

You want mortgage rates to fall – and they’ve started to. But is it going to last? And how low will they go?Experts say there’s room for rates to come down even more over the next year. And one of the leading indicators to watch is the 10-year treasury yield. Here’s why.The Link Between Mortgage Rates and the 10-Year Treasury YieldFor over 50 years, the 30-year fixed mortgage rate has closely followed the movement of the 10-year treasury yield, which is a widely watched benchmark for long-term interest rates (see graph below):When the treasury yield climbs, mortgage rates tend...

What a Fed Rate Cut Could Mean for Mortgage Rates

Written by super22 on September 15, 2025. Posted in Affordability, Economy, For Buyers, Mortgage Rates, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

The Federal Reserve (the Fed) meets this week, and expectations are high that they’ll cut the Federal Funds Rate. But does that mean mortgage rates will drop? Let’s clear up the confusion.The Fed Doesn’t Directly Set Mortgage RatesRight now, all eyes are on the Fed. Most economists expect they’ll cut the Federal Funds Rate at their mid-September meeting to try to head off a potential recession.According to the CME FedWatch Tool, markets are already betting on it. There’s virtually a 100% chance of a September cut. And based on what we know now, there’s about a 92% chance it’ll be a...

Mortgage Rates Just Saw Their Biggest Drop in a Year

Written by super22 on September 10, 2025. Posted in Affordability, Economy, First-Time Buyers, For Buyers, Mortgage Rates, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

You’ve been waiting for what feels like forever for mortgage rates to finally budge. And last week, they did – in a big way.On Friday, September 5th, the average 30-year fixed mortgage rate fell to the lowest level since October 2024. It was the biggest one-day decline in over a year.What Sparked the Drop?According to Mortgage News Daily, this was a reaction to the August jobs report, which came out weaker-than-expected for a second month in a row. That sent signals across the financial markets, and then mortgage rates came down as a result.Basically, we’re seeing signs the economy...

What Mortgage Delinquencies Tell Us About the Future of Foreclosures

Written by super22 on September 3, 2025. Posted in Economy, For Buyers, For Sellers, Foreclosures, Upper Keys, Upper Keys Florida Mortgage, Upper Keys History, Upper Keys Mortgage, Upper Keys News.

You may be seeing headlines about how foreclosures are rising. And if that makes you nervous that we’re headed for another crash, here’s what you should know. According to ATTOM, during the housing crash, over nine million people went through some sort of distressed sale (2007-2011). Last year, there were just over 300,000.So, even with the increase lately, we’re talking about numbers that are dramatically lower. But what does the future hold? Is a wave coming? The short answer is, no.Here’s why. Experts in the industry look at mortgage delinquencies (loans that are more than 30 days past...