With the election behind us and the dust is still settling the picture of what mortgage and real estate is starting to take shape. Housing inventory, mortgage rates, regulation, affordability are all competing for the top spot of relevance, but the truth is we need all these guys to play along in 2025.

With the election behind us, we should have a clear path forward right?...not so fast…There are a lot of policy proposals that may or may not even effect housing. The Federal Reserves most recent meeting announced a rate cut, buty why aren’t mortgage rates playing along? We have a lot to talk about this week.

The election has really been taking it's toll on Real Estate and Mortgage the past few months. Now that we're here on Election Day, what impacts can we expect from the outcome what will continue trending in real estate, and what can we expect from home prices and mortgage rates?

Despite the interest rate cut from the Fed in September, the market because erratic and unpredictable most of October. Jobs, inflation, affordability, inventory, elections…everything is rocking the boat – So here’s how we think the rest of the year will pan out!

Not so surprisingly, politics are weighing in on prospective buyers’ decision to house hunt or wait until the election is decided. Conversely, current homeowners are taking advantage of interest rates far lower than last years. Will sentiment shift noticeably in November or will it be more of the same?

The August rate decline paired with the Federal Reserves interest rate cut has people chomping at the bit to refinance. Who benefits from this the most?

By now everyone’s heard the Federal Reserve cut their target interest rate by 0.50%. This is more than most people expected and few turned out to be right that a half percent cut was even possible. Well they did it, and now we’re back to the drawing board of what that means for real estate and mortgage for the rest of 2024.

It sure does look like Fall is the “New Summer”. Inventory is show up in some remarkable ways in select parts of the country while equity still rides along all time highs AND mortgage rates decline…It’s almost as if we’ve shifted the traditional real estate norms and should expect the Fall to keep getting even better.