With the October layoff numbers being the worst in 20 years, I am very optimitic that the Fed will cut rates at least another 25 basis points in December. However, if the Fed signals that one or more rate cuts are possible in Q1/26, many potential home buyers and refinancers will hold off.
I see that since October 1, 3 analysts have issued Buy and the consensus is Hold. No SELLS. https://www.wsj.com/market-data/quotes/RKT/research-ratings But I believe the analysts from barchart.com with their many SELLS is what scares me. I don't know what;' s going on, but I'm losing over $100,000 on this fiasco that the COOP shareholders actually approved. What is causing so many raises of the target PPS?