This week, core inflation ticked up – mostly driven by housing costs. It underscores the Federal Reserve's need to be vigilant ahead of its upcoming decision on a rate cut.
Fed Chair Jerome Powell stated, 'The economy is not sending any signals that we need to be in a hurry to lower rates,' noting that the Fed's next decision is not preset.
Since the beginning of November, 10-year Treasury yields have hovered in the 4.3% to 4.5% range, and mortgage rates stayed steady, reflecting an uptick from September lows.
In honor of Veterans Day, Realtor.com® conducted a deep dive into VA loans, highlighting their advantages, including zero down payments and flexible credit terms for eligible buyers.
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