Tag Archives: federal reserve bank

How AI may be driving interest rates higher: Redfin economist

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Lenders are pouring money into AI, Redfin’s Daryl Fairweather said. As a result, there’s less capital leftover for loans on everyday items. Continue reading →

President Trump argues for keeping home prices high, borrowing costs low

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The president argued that lowering home prices would cut into Americans’ wealth gains, and stressed that lowering interest rates would help homebuyers struggling with affordability. Continue reading →

Trump nominates Kevin M. Warsh as next Fed chair

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The president made the announcement on Truth Social on Friday. Warsh will need to be confirmed by the Senate before taking up the central bank post. Continue reading →

Latest Consumer Price Index data leaves door open for March rate cut

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The Consumer Price Index rose at an annual rate of 2.7 percent in December, leading many to believe the Fed will hold rates steady this month. But if market conditions cool in upcoming months, a March rate cut may be in the cards. Continue reading →

Fed chair responds to ‘political pressure, intimidation’ by Trump’s Justice Department

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Federal Reserve Chair Jerome Powell issued a rare warning in a video statement on Sunday that the Fed’s independence was under threat of political intimidation, as evidenced by grand jury subpoenas served to the bank on Friday by the DOJ under what Pow… Continue reading →

A year in real estate marked by power grabs and a wave of change

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As the industry transitioned into a new era, big-player power moves, shifting rates, reform at the National Association of Realtors, technology advancements and more made 2025 another consequential year for real estate. Continue reading →

Inventory tightens up as new listings tank: Redfin

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As Americans become immersed in the hustle and bustle of the holiday season and buyer demand softens, homesellers are pulling back from the housing market. Continue reading →

Jason Oppenheim: Private listings could take real estate ‘back to the Dark Ages’

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The luxury broker also said a fixed-rate 50-year mortgage would provide “massive value” to consumers, and expressed exasperation over the volume of industry litigation today. Continue reading →

Is the housing market in the midst of a recession? Treasury Secretary Scott Bessent thinks so

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The Treasury Secretary blamed the Federal Reserve for the current housing recession and said that if the central bank cut interest rates more quickly, the recession could end. Continue reading →

Median monthly housing payments see sharpest drop in almost 1 year

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The drop in monthly payments, Redfin reported, followed a decrease in mortgage rates, with 30-year fixed-rate mortgages ultimately hitting a 2025 low of 6.12 percent on Tuesday. Continue reading →