October 15, 2025

Jerome Powell, chair of the federal reserve is due to be replaced May 2026. Learn more with Bobby Franklin, the North Texas Market Insider. Bobby Franklin is the best realtor in Waxahachie.

The Fed Just Moved One Step Closer To Affordable Housing

Federal Reserve Chair Jerome Powell just dropped a signal that has financial markets buzzing, and most real estate agents completely misunderstanding what it means for mortgage rates. Let me give it to you straight: The Fed is about to stop shrinking its balance sheet. But if you think that means mortgage rates are about to plummet, you’re reading the wrong playbook. Here’s what’s actually...