Fannie Mae’s and Freddie Mac’s regulator called for Federal Reserve Chairman Jerome Powell to step down on Wednesday if he doesn’t cut short-term rates, as monetary policymakers left them unchanged again. “Jay Powell is hurting the housing market by being too late to lower rates. He needs to resign, effective immediately,” Bill Pulte said in […]
Fannie, Freddie regulator: Powell should cut rates or quit Read More »
Caring wife. Positive aged woman giving a cup of tea to her smiling husband who is sitting at the table and using tablet Past expectations of a wave of homes to hit the market once senior citizens move out are fading, with a majority of baby boomers saying they won’t sell for at least another
Baby boomer plans put others’ homeownership goals on hold Read More »
Federal Reserve officials left interest rates unchanged and continued to pencil in two rate cuts in 2025, saying uncertainty over the economic outlook was still high but had diminished. The Federal Open Market Committee voted unanimously on Wednesday to hold the benchmark federal funds rate in a range of 4.25%-4.5%, as they have at each
Fed officials hold rates again, still see two cuts by year end Read More »