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-0.000700115159128974 -0.00020938023450584 -0.00119085008375211 -0.000863693467336646 -0.00438062709380236 -0.00806113902847575 -0.00887903056951423 -0.0154221628978224
Stock impact report

Mortgage Predictions: With Fed Cuts on Hold, Where Do Rates Go From Here? [CNET News]

First American Corporation (New) (FAF) 
Last first american corporation (new) earnings: 4/23 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.firstam.com
Company Research Source: CNET News
Yet significant economic uncertainties could still push rates up or down in the coming months. Housing market experts consistently point to two major influences: the economic ramifications of the Trump administration's policies and the Federal Reserve's pace of interest rate cuts On July 29-30, the Fed plans to keep borrowing rates the same at its fifth monetary policy meeting this year. Though markets currently expect a Fed cut in September, that's not a guarantee given ongoing political and economic instability "Even a September move may require more definitive evidence that the economy is cooling," said Odeta Kushi , deputy chief economist at First American Financial Corporation. "For the housing market, it means the rate-cutting cycle many were hoping would ignite the 2025 homebuying season is still on hold." Although the central bank doesn't directly dictate mortgage rates , its policy decisions indirectly influence consumer borrowing costs, including for mortgages, over t Show less Read more
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