Outlook | November 26, 2024

Economic, Housing and Mortgage Market Outlook – November 2024 | Spotlight: Housing Supply

The U.S. economy remains resilient with strong Q3 growth even as the labor market moderates.

Read MoreEconomic, Housing and Mortgage Market Outlook – November 2024 | Spotlight: Housing Supply

Line chart showing the change in mortgage rates in the 12 weeks prior and 12 weeks after the first Fed rate cut in seven episodes since the 1990s. Rates begin declining in anticipation of the Fed rate cut but after the cut remain stable and decline only gradually.

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