Real Estate News - The Good, the Bad, and the Pretty

As most people expected, the Federal Reserve did cut interest rates in September, but that doesn't necessarily mean that mortgage rates are going down, too, since the two rates aren't inextricably tied together. That was made apparent back in 2003, when the Fed adjusted rates thirteen times in a six-month period--eight times down and five times up--without a noticeable effect on mortgage rates.
However, since consumers don't generally understand that, they tend to get suspicious of lenders when mortgage rates don't go down after a Fed rate cut. The simple fact is that mortgage rates fall and rise according to how investors feel about long-term inflation. If investors believe that inflation will be rising, mortgage rates rise in response.
According to Bankrate.com, the average fixed rate on a 30-year mortgage in mid-July was 6.82%. As of mid-September, the rate has dropped to 6.32%. It turns out that those numbers exactly mirror the half-point reduction the Fed just put into place, but it's still only a coincidence, because interest rates are really reacting to America's natural market forces. When the Fed cuts rates, it's really reacting to declining consumer interest rates within the economy, and not the other way around, as most people believe.

Choose One Reliable Source for All Real Estate News

If you are a property investor and you want to stay informed of the latest in the property market then you need to keep in touch with all the sources which are reliable sources of news related to the world of real estate.
This real estate news can not only help you in staying updated with the latest information but also help you in knowing about the trends in the market. These trends and the news help you in making informed and wise decisions. If you are in this property business then you need to have local and national news on real estate. Just like any other business there is lot of competition in this field as well.
Good sources of news have panel of experts from real estate world and these experts analyze the trends and news and help you in easy understanding of the news. These news sources are very helpful for the beginners in this market. Apart from news and information, you can find good deals locally. You also learn the ways to find good deals but also learn the ways to settle deals faster and more effectively than the competitors in the market.

Where to Get the Real Estate News You Need

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For anyone who is in the real estate market, they know that a large factor of success comes from having the most updated knowledge on both a local and national scale. While seasoned real estate professionals know all the places they need to go for detailed real estate news in their local markets, what about you? Fortunately for you, you will learn not only how to get the real details you need in your local market, but you will also learn how to do it quicker and more effectively than your competition.
Fortunately for you, you can dramatically save both on time and money for getting the real estate information you truly need by taking advantage of current technologies. As technology is constantly evolving, it is becoming not only easier, but much faster to get all the information you need to stay on top of your job and the competition as a real estate professional.