Tag Archives: Jerome Powell

Sustained surge in mortgage rates could dent home sales

By | | Uncategorized
Comments Off on Sustained surge in mortgage rates could dent home sales

In addition to worries about the potential impact of Fed tapering, there’s also uncertainty about the approaching U.S. debt ceiling and the future leadership of the Fed. Continue reading →

Mortgage rates continue to flatline ahead of Fed tapering details

By | | Uncategorized
Comments Off on Mortgage rates continue to flatline ahead of Fed tapering details

Mortgage rates stayed the course this week as lenders continued to monitor the Federal Reserve’s tapering plans. Continue reading →

Fed says it wants to see job numbers before tapering

By | | Uncategorized
Comments Off on Fed says it wants to see job numbers before tapering

Powell “stuck to the script in his Jackson Hole speech,” said Pantheon Macroeconomics Chief Economist Ian Shepardson. “Anyone hoping for a steer on the timing of the taper will have been disappointed, but it was never likely.” Continue reading →

Lenders hold firm on mortgage rates after Fed dust settles

By | | Uncategorized
Comments Off on Lenders hold firm on mortgage rates after Fed dust settles

Minutes released last week from the July 27-28 meeting of a Federal Reserve committee that sets monetary policy revealed that most members are open to tapering bond purchases the Fed makes to stimulate the economy by the end of this year. Continue reading →

Healthy jobs report drives up mortgage rates for first time in weeks

By | | Uncategorized
Comments Off on Healthy jobs report drives up mortgage rates for first time in weeks

During the pandemic, the Federal Reserve has been keeping a lid on interest rates by increasing its holdings of long-term Treasurys and mortgage-backed securities (MBS) by $120 billion a month. Before announcing a timetable for tapering those purchases… Continue reading →

Fed will keep buying $40 billion in mortgages every month

By | | Uncategorized
Comments Off on Fed will keep buying $40 billion in mortgages every month

As Fed’s balance sheet approaches $8 trillion, policymakers say path of the economy continues to depend on the course of the pandemic. Continue reading →

Connecting with Keller Williams’ CEO: On inventory and an IPO

By | | Uncategorized
Comments Off on Connecting with Keller Williams’ CEO: On inventory and an IPO

Ahead of next week’s Inman Connect, KW CEO Carl Liebert hinted at Keller Williams’ progress toward a stock market debut and talked about how the pandemic will change the industry. Continue reading →