Steve Clark - VIA Group, Realtors

Steve Clark - VIA Group, Realtors I am a residential Realtor® in Des Moines, Iowa. My goal is to provide exceptional service. Dedicated to keeping an open and frequent line of communication.

Serving the Des Moines and surrounding real estate markets for over a decade. I am committed to guiding my clients through the real estate experience with patience. Providing comprehensive information and expert advise to help clients make prudent real estate decisions.

08/24/2026

“You rarely have time for everything you want in life, so you need to make choices. And hopefully your choices can come from a deep sense of who you are.” Mister Rogers

10/30/2025

Why do interest rates rise when the Fed cuts rates?
Yet Again, Mortgage Rates Surge Higher After Fed Rate Cut

By: Matthew Graham

Wed, Oct 29 2025, 4:02 PM

Today was not a foregone conclusion and there was no way to know ahead of time that it would end like this, but the outcome is exactly why we've gone to such lengths to warn you about the potentially paradoxical reaction to a Fed rate cut.

Too many people repeat the fallacy that mortgage rates will benefit from a Fed cut. We have several recent examples of the exact opposite happening, and now today adds another strong reminder with the average lender moving higher at the fastest pace since the day after the last Fed meeting.

Why does this happen?

It has nothing to do with the rate cut itself. As we warned, volatility would come from Fed Chair Powell's press conference. In today's case, Powell said that another rate cut in December was not a foregone conclusion. This was at odds with the market's expectations, so there was a rush to reprice those expectations.

As always, today's rates instantly adjust to expectations for rates in the future (the main reason that Fed rate cuts do little-to-nothing to impact market rates).





Jon T Ollendick • Senior Vice President | Mortgage Banking

02/04/2025

🏡 Des Moines Housing Market: 2024 Recap & 2025 Outlook! 📊

In This Week’s Latest Market Report - https://youtu.be/q2Lz6cxcty0

It’s time for the 2024 Des Moines Market Values Year in Review Show! This past year, inventory climbed but fell just short of 4,000, mortgage rates remained above 6% nationally, and closed sales came within a handful of surpassing 2023 levels. Despite challenges, home prices continued to appreciate, with resale properties seeing a 5.7% increase. What’s next for 2025? Will inventory finally cross 4,000? Will mortgage rates stabilize? Get the full breakdown and key insights for the year ahead!

View All This Week’s Show Graphics! https://desmoinesmarketvalues.com/download-show-graphics

Subscribe To SimplyDesMoines https://www.youtube.com/channel/UCeBt7Oe4GEE-1hBHWaQfRoA

Catch Up on Previous Shows & Graphics at http://DesMoinesMarketValues.com

09/23/2024

Every seller wants to get their house sold quickly, for as much money as they can, with as few headaches as possible.

09/20/2024

Mortgage rates are trending down and that’s great news for your bottom line.

09/19/2024

If you’ve been hesitant to list your house because you’re worried no one’s buying, here’s your sign it may be time to talk with an agent.

09/18/2024

Even though affordability is improving, buying a home can still feel tough right now.

09/17/2024

Mortgage rates have hit their lowest point in over a year and a half.

09/16/2024

A shift is underway in the housing market this season.

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2700 Westown Pkwy Suite 200
West Des Moines, IA
50266

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