Jerome Powell on Wednesday acknowledged the tough situation buyers now find themselves in, adding that “We need to get back to a place where supply…
Posts published in “federal reserve”
After bond market sell-off Friday and Monday, investors take Fed’s 75 basis-point rate hike in stride. “The Fed managed to hint at today’s move,” said…
Dramatic inflation reading fuels speculation that Federal Reserve policymakers will implement drastic 75-basis point interest rate hike Wednesday. Source: Inman News
Bond market investors wary that Fed will be forced to implement drastic 75-basis point rate hike in June or July. Source: Inman News
As Fed embarks on “quantitative tightening,” interest rates could come under renewed pressure. Source: Inman News
Nothaft “was a brilliant spokesperson and brand ambassador” whose absence “will be felt profoundly throughout the organization and beyond,” the company said. Source: Inman News
Demand for mortgages at lowest level since December 2018 as bottom falls out of refinancing market. Source: Inman News
The price of lumber has taken another dramatic downturn, just the latest wild swing for builders in the cost of home construction. Source: Inman News
“Large deceleration” in home price appreciation next year could lead to price declines in some regions. Source: Inman News
Economic uncertainty and stock market volatility may have helped drive 12 percent decline in purchase mortgage applications. Source: Inman News