Analyzing the Impact of Federal Reserve Meetings on Mortgage Rates

Interest rates surprisingly fell last week, but what does that mean for homeowners? REALTOR® Chris Pelkola Lee explains what the lower interest rates mean to home buyers. Then, Keith Gumbinger with HSH.com shares why interest rates fell and what it means for buyers. Plus, the Chief Economist of realtor.com, Danielle Hale, examines how the sudden drop in rates might affect home sales now. Finally, design expert Melissa Dittmann Tracey shares if oversize bathtubs are hot or not.