Home shoppers in 2025 gravitated toward more affordable, midsized U.S. cities, with Midwestern markets accounting for most of the country’s most popular places to buy, according to new data released by Zillow. Rockford, Illinois, ranked as the most popular housing market in the country, moving up from second place last year. And the Midwest accounted […]
Midwest dominates Zillow’s most popular housing markets of 2025 Read More »
The unemployment rate reached 4.6% today! Nevertheless, the Federal Reserve perceives current conditions as stable, allowing for a policy stance slightly above neutral since labor market deterioration has not yet occurred. Since late 2022, I have consistently argued that the Fed shifted its approach to maintaining a more restrictive policy throughout this cycle. I have
Why the Fed isn’t worried about the jobs data Read More »
Freddie Mac announced Tuesday that its board of directors has selected Kenny M. Smith as the company’s CEO. The move is effective Wednesday and Smith will also serve as a member of the board. Michael Hutchins, who assumed the interim CEO role in March 2025 following the departure of Diana Reid, will continue in his
Freddie Mac appoints Kenny Smith as new CEO Read More »