In predicting that mortgage rates will drop below 6 percent next year, economists at Fannie Mae are more optimistic about growth and less worried about…
Posts published in “Jerome Powell”
The New York City-headquartered firm has long thought of itself as a steady tortoise, CEO Bess Freedman told Inman recently, and during uncertain markets, that’s…
Lower courts have ruled Cook can continue to serve on the central bank’s board while she challenges the Trump adminstration’s move to fire her over…
Recent Trump appointee Stephen Miran was the lone dissenter in Wednesday’s 11-1 vote, holding out for a bigger, 1/2 percentage point rate cut advocated by…
Trump appointee Stephen Miran confirmed as Fed governor in 48-47 Senate vote, but appeals court upholds ruling that Lisa Cook can stay on board while…
Initial jobless claims climbed last week to the highest level since Oct. 23, 2021, but investors and economists are expecting three small rate cuts this…
Applications for purchase mortgages hit their highest level since July last week, and rates keep falling on weak jobs reports and more encouraging inflation data …
Investors who fund most home loans are no longer wondering whether the Federal Reserve will cut rates this month, but by how much. At least…
A deteriorating labor market could include a silver lining for real estate as mortgage rates continue to slide and runway appears open for rate cut…
Purchase loan demand eased last week, but rates are expected to keep falling on a new report showing there are more people unemployed than there…