A much stronger-than-expected September jobs report will push mortgage rates up significantly today. Debate about Federal Reserve rate cuts will now shift from choosing between a pace of 25 bps or 50 bps cuts each meeting, to choosing between 25 bps each meeting or 25 bps every other meeting. Ultimately, the answer will be determined by data in upcoming months, clarifying how weak the labor market is.| Redfin Real Estate News
The pros and cons of owning a home versus renting one are changing along with the climate. Here are seven key considerations for anyone deciding to rent versus buy.| Redfin Real Estate News