When the Fed cuts rates, do mortgage rates drop?
(photo courtesy of Boston.com) This week, the Federal Reserve cut the “federal funds rate” from 1.5% to 1% and the “discount rate” from 1.75% to 1.25%. …More
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When the Fed cuts rates, do mortgage rates drop?
This week, the Federal Reserve cut the “federal funds rate” from 1.5% to 1% and the “discount rate” from 1.75% to 1.25%. What does this mean? …More
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Homes with a Scary History
It’s Halloween and the time of year when everyone loves a good scare. Whether it’s a death-defying roller coaster ride (I never understood this) or sitting …More
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My Vote and the Value of My Home
As I mentioned in an earlier post, a few weeks ago we fielded Zillow’s Q3 Homeowner Confidence Survey in the midst of Wall Street’s most turbulent …More
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Gin Lane Home Not Tiger’s
From the day that someone bought the sprawling estate at 104 Gin Lane, Southampton, NY this past March, everyone speculated it was pro golf superstar Tiger …More
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Mortgage Apps Bounce from 8 Year Low?
Saw this article and I’ll ask the crowd, do you feel we’ve hit the bottom or is there more bad news ahead? Summary mortgage applications index, …More
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When the Lake Wobegon Effect Extends to Our Homes
When we got the results back from our third quarter Homeowner Confidence Survey, in which half of homeowners said their own homes were increasing in value …More
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Dig it — Pretty Pools and Plasmas Aplenty
Since we launched Dueling Digs, Zillow visitors have voted almost 5 million times for their favorite kitchens, gardens, living rooms, bathrooms, bedrooms and exteriors. And, I …More
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New London, CT House: Buy it for $1 or $170,000
Want to buy a 140-year-old, 5,000 sq ft home in New London, CT for $1? That’s the deal, according to Hartford, CT television station WFSB. A …More
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The Fed Translated…..
The Federal Open Market Committee decided today to lower its target for the federal funds rate 50 basis points to 1 percent. That’s the lowest that …More
