Category: Economy

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

Written by Big Pine Key Mortgage Syndicated User on August 13, 2026. Posted in Affordability, Big Pine Key Mortgage, Economy, For Buyers, For Sellers, Mortgage Big Pine Key, Mortgage Rates.

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...

Thinking About Waiting for Lower Mortgage Rates? Read This First.

Written by Big Pine Key Mortgage Syndicated User on August 6, 2026. Posted in Affordability, Big Pine Key Mortgage, Buying Tips, Economy, For Buyers, Forecasts, Mortgage Big Pine Key, Mortgage Rates.

Imagine waiting a year to buy a home, only to find mortgage rates haven’t changed much. That may sound frustrating.But it’s a real possibility.A lot of people are putting their plans on hold because they believe much lower mortgage rates are right around the corner. But, based on today’s forecasts, that may not happen. And you should know that before you decide what to do.Let’s look at why experts don’t expect a dramatic drop in rates – and the options that could help you buy anyway. Because even if rates don’t fall, you can still move. Here’s how.1. Mortgage...

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

Written by Big Pine Key Mortgage Syndicated User on June 25, 2026. Posted in Big Pine Key Mortgage, Economy, Expired/Withdrawn/Canceled, For Buyers, For Sellers, Mortgage Big Pine Key.

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...

What Rising Inflation Means for Your Move

Written by Big Pine Key Mortgage Syndicated User on June 25, 2026. Posted in Affordability, Big Pine Key Mortgage, Economy, For Buyers, Mortgage Big Pine Key, Mortgage Rates.

Data shows inflation is moving in the wrong direction. But before the headlines send anyone into a panic, here’s what’s actually going on, why it matters for the housing market, and what it means if you’re thinking about buying or selling.Inflation Went Up – Here’s What That Actually MeansThe government tracks inflation in a variety of ways. One is something called PCE – the Personal Consumption Expenditures Price Index. It measures how much more (or less) people are paying for goods and services compared to a year ago. And just based on your own expenses, you can probably...

The Mid-Year Housing Market Update: Why Forecasts Changed in 2026

Written by Big Pine Key Mortgage Syndicated User on June 25, 2026. Posted in Big Pine Key Mortgage, Economy, For Buyers, For Sellers, Forecasts, Home Prices, Mortgage Big Pine Key, Mortgage Rates.

If the housing market feels confusing right now, you’re not alone.Mortgage rates have risen. Home sales haven’t picked up like expected. And many buyers and sellers are wondering when things are going to feel easier or be more affordable.The truth is: a lot changed over the first half of this year.Back at the end of 2025, economists were forecasting a much stronger housing market for 2026. They expected mortgage rates to come down, affordability to improve more dramatically, and home sales to rebound.But lingering inflation, economic uncertainty, and growing geopolitical tensions...

Most Experts Are Not Worried About a Recession

Written by Big Pine Key Mortgage Syndicated User on November 20, 2025. Posted in Big Pine Key Mortgage, Buying Tips, Economy, First-Time Buyers, For Buyers, Mortgage Big Pine Key.

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 Big Pine Key Mortgage Syndicated User on November 6, 2025. Posted in Big Pine Key Mortgage, Buying Tips, Economy, For Buyers, For Sellers, Mortgage Big Pine Key, Selling Tips.

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 Big Pine Key Mortgage Syndicated User on October 20, 2025. Posted in Big Pine Key Mortgage, Economy, For Buyers, For Sellers, Forecasts, Home Prices, Mortgage Big Pine Key.

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 Big Pine Key Mortgage Syndicated User on October 6, 2025. Posted in Affordability, Big Pine Key Mortgage, Economy, First-Time Buyers, For Buyers, For Sellers, Mortgage Big Pine Key, Mortgage Rates.

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 Big Pine Key Mortgage Syndicated User on September 15, 2025. Posted in Affordability, Big Pine Key Mortgage, Economy, For Buyers, Mortgage Big Pine Key, Mortgage Rates.

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...