There are 5 article(s) tagged Interest Rates:

• May 2024

  • What does the future hold for Memphis’ suburban housing market?

    While increased interest rates and rising cost of materials have slowed the housing market, things could improve by the end of this year or the first of 2025.

    By Michael Waddell May 05, 2024

• September 2023

  • It’s still a seller’s housing market, but buyers aren’t completely shut out

    Local residential real estate brokers say homebuyers should not focus on interest rates but instead focus on the benefits of homeownership.

    By Sophia Surrett September 05, 2023

• December 2022

  • Suburban residential home market softening

    Nationally, home sales notched their longest streak of declines in 23 years as sales dropped for a 10th consecutive month in November. 

    By Michael Waddell December 24, 2022

• September 2022

  • Fed offers mixed look on Memphis economy

    According to the Fed, overall labor market conditions remain tight, with contacts across the Eighth District reporting that workers remain scarce. 

    By Rob Moore September 13, 2022

• March 2022

  • Will the Fed’s interest rate hike affect lending in the Mid-South?

    Interest rates on things like consumer debt are likely to rise following the Fed’s decision, which could put a strain on an economy already fighting decades-high inflation.

    By Rob Moore March 21, 2022