Fed patches a potential chink in armor protecting its independence

A vote to reappoint 11 of the Fed’s 12 regional bank presidents puts an end to speculation that Trump administration might try to unseat inflation hawks opposed to interest rate cuts. Continue reading

Worries about the job market are bringing mortgage rates down

Initial unemployment claims hit highest level since September, and Federal Reserve Chair Jerome Powell warns official data could be overestimating job creation by up to 60,000 jobs a month. Continue reading

Compass expects sales to climb 4% as prices stay flat in 2026

Three key trends to watch in 2026, according to a new forecast by the nation’s largest brokerage: Shadow inventory hitting the market, what happens with jobs and the K-shaped economy. Continue reading

Fed cuts rates for 3rd time in 2025, but might cut just once next year

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

‘I’d love to fire his ass,’ Trump says of Fed Chair Jerome Powell

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

Fallout over Fed policymakers’ investments reshaping the board

The resignation of Biden appointee Adriana Kugler and pending retirement of Atlanta Fed President Raphael Bostic renews speculation that Trump will seek to undermine Fed independence. Continue reading

Pulte refers a 4th Democrat, Rep. Eric Swalwell, for mortage fraud

Swalwell warns Pulte “and any other lawless official who is carrying out these political prosecutions” that they will have to answer for their actions after the midterm elections. Continue reading

Housing recession? K-shaped trends? The dollars and ‘sense’ of today’s economy

This week on The Download, Inman reporters break down the late-2025 economic trends affecting your clients and your real estate business. Continue reading

Heard of a K-shaped economy? You’re living in it now

Much like the American people today, the economy is starkly divided — and it’s impacting the real estate market. Here’s how. Continue reading

Demand for mortgages cools as rates rebound from 2025 low

Mortgage rates hit a new 2025 low of 6.12 percent on Oct. 28, but have been on the rise after Fed Chair Jerome Powell said there’s no guarantee the Fed will cut rates for a third time in December. Continue reading