Many hoped a March rate cut would boost housing. Now, it’s not so clear

Most real estate professionals believe rate cuts by the Fed will be crucial for a sales recovery, according to results from the Inman Intel Index survey. But the timing on those cuts is hazy. Continue reading

Bond yields soar again on Fed governor’s hawkish remarks

Fed Governor Michelle Bowman warns bankers that she thinks the Fed may need to hike rates more than once and keep them high next year to get inflation under control. Continue reading