Mortgage Rates Cooled. Here Is What DFW Buyers Should Do

  Mortgage rates moved lower this week, and the reason has more to do with Wall Street than with housing. What happened According to HousingWire, the average 30-year conforming mortgage rate was 7.52% on Tuesday, down 11 basis points from a week earlier. The 10-year Treasury yield, which mortgage ra

The Fed raised rates. 72% of buyers were waiting for a cut.

On September 16 the Federal Reserve raised its benchmark rate by a quarter point, to a range of 3.75% to 4%. The vote was unanimous. The statement said inflation is still elevated and that the move would support "a timelier return" to the 2% goal. The Fed's own projections put the rate at 4.1% at th