The next Fed chair may be more receptive to the president’s calls for rate cuts, but they’ll have to convince other central bank policymakers to give up their independence. Continue reading
The 9-3 split vote reflects differing views on whether the central bank’s biggest worry is inflation or rising unemployment, with data lagging after the government shutdown. Continue reading
The president jokingly told Treasury Secretary Scott Bessent that his job is also on the line if interest rates don’t come down, as poll shows inflation will be a key issue in 2026 midterm elections. Continue reading
After hitting a 2025 low on Oct. 28, mortgage rates continue to rise as hopes dim for a December Fed rate cut. Futures market investors on Wednesday saw only a 34 percent chance of a Dec. 10 rate cut, down from 94 percent in October. Continue reading
Rebounding mortgage rates didn’t stop buyers from shopping for deals last week, with requests for purchase loans up 6 percent last week compared to the week before and 31 percent from a year ago, according to lender data tracked by the Mortgage Bankers… Continue reading
In this Inman exclusive video interview ahead of the “Selling the OC” Season 4 premiere, The Oppenheim Group founder got real about the market, interest rates and the Federal Reserve. Continue reading
Improve your understanding of how broad economic factors impact the housing market with this Fed explainer from Jonathan Pressman. Continue reading
Lower courts have ruled Cook can continue to serve on the central bank’s board while she challenges the Trump adminstration’s move to fire her over unproven mortgage allegations. Continue reading
Last week, Inman staff writers and contributors had governmental and economic shifts on the brain, writing about rates, sales trends and the national debt. Continue reading
The dip is due to a weak July jobs report, a neutral inflation report and home sale prices moving past their peak as fall approaches. Those factors give buyers significant leverage. Continue reading