Tag Archives: Omicron

Douglas Elliman tells some workers to stay home amid Omicron wave

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Agents can still report to the office, but Douglas Elliman has told New York administrative staff to work from home while new variant surges. Continue reading →

More booster shots, testing and other measures coming in response to Omicron variant

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President Biden laid out a COVID-19 response plan Thursday that will push more people to get vaccinated and attempt to keep businesses open. Continue reading →

Fed still considering faster tapering of support for mortgages

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Speaking before the Senate Banking Committee Federal Reserve Chair Jerome Powell said the recent rise in COVID-19 cases and the emergence of the Omicron variant does pose “downside risks to employment and economic activity and increased uncertainty for… Continue reading →

As Omicron COVID variant spreads, real estate agents grin and bear it

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Disease experts are racing to address the Omicron variant, but in the real estate industry, few expect the new threat to be a game changer. Continue reading →

Omicron could lead Fed to exercise restraint on mortgage pullback

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Financial markets have already dialed back expectations that the Fed would quickly withdraw its support for mortgage markets and hike short-term rates three times next year. Continue reading →