Key insight: Federal Reserve Chair Jerome Powell said the central bank had been served subpoenas by the Department of Justice. Expert quote: “This is about whether the Fed will be able to continue to set interest rates based on evidence and economic conditions — or whether instead monetary policy will be directed by political pressure […]
Powell says DOJ served Fed subpoenas, threatened indictment Read More »
Mortgage rates are either higher or lower today, depending on the lender in question. Some lenders raised rates on Friday afternoon in response to weakness in the bond market (lenders set rates based on the trading levels of MBS, the bonds that underlie the mortgage market). Those lenders are actually slightly lower today. Lenders who
Mortgage Rates Inch Higher From 3 Year Lows Read More »
WASHINGTON, DC – MAY 04: U.S. President Donald Trump speaks to reporters on the south lawn of the White House on May 04, 2025 in Washington, DC. The President spent the weekend in Florida and returned to Washington on Sunday. (Photo by Tasos Katopodis/Getty Images)Tasos Katopodis/Photographer: Tasos Katopodis/Ge The Trump administration has more housing initiatives
What ideas might be on the table as housing measures expand Read More »