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Tag Archives: San Francisco

Home Affordability Challenges in Microcosm

affordability

Markets across the country are struggling to maintain a sufficient supply of affordable homes, but a recent Urban Institute report reveals just how out of reach some high-demand areas, such as the San Francisco Bay region, have become for most homebuyers.

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Investors Skeptical of Fed Rate Increase Forecast

In their latest economic projections from June, the members of the Federal Open Market Committee (FOMC) projected a median federal funds rate of 1 percent at year-end 2015 and 2.5 percent at the end of 2016. Based on their own modeling, the analysts say investors put the probability of the federal funds rate hitting the FOMC's target next year at 31 percent, with 2016's projected rate having a 27 percent probability.

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