Tag Archives: Jerome Powell

Homebuyers rushed to lenders last week as mortgage rates dipped

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Rates are on the rebound again as investors weigh a strong June jobs report and the Trump administration’s threats to impose new tariffs in August. Continue reading →

Listing bans, lawsuits, and a ‘big, beautiful bill’: Inman Top 5

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Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading →

FHFA Director Pulte calls on Congress to investigate Fed Chair Jerome Powell

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‘Chairman Powell needs to be investigated by Congress immediately,’ the FHFA director said in a statement on Wednesday. Pulte and President Donald Trump have been trying to pressure Powell to resign amid high interest rates. Continue reading →

Mortgage rates are coming down. Does the trend have any legs?

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Hopes that home sales will pick up may hinge more on additional inventory coming onto the market, which is expected to cool or reverse home price gains. Continue reading →

Compass, Zillow, Redfin and the rest: It’s Inman’s Top 5

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Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers. Continue reading →

Fed expected to resist pressure from Trump for July rate cut

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As Fed policymakers await more data confirming that inflation has been tamed, futures markets put the odds of a September rate cut at 90 percent, up from 64 percent a week ago. Continue reading →

NAR says lower mortgage rates could help boost sluggish sales. When might that happen?

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Amid fighting over the federal funds rate, NAR says home sales were 0.7 percent lower in May than a year ago as inventory rose to a 4.6-month supply Continue reading →

Pulte wages war on Fed Chair Jerome Powell, blaming him for high home prices

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The chair of the Federal Housing Finance Agency, Fannie and Freddie has spent the past day calling on Powell to step down, saying he’s responsible for high home prices. Continue reading →

Inflation improved in April, but Fed not expected to budge on rates

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Trump administration keeps up pressure on Fed, but investors don’t expect the U.S. central bank to cut short-term rates until September. Continue reading →

Tariff fears are behind those big swings in consumer confidence

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A surge in the Conference Board’s Consumer Confidence Index for May made the preliminary numbers from a similar U of M survey look “far too negative,” one economist told clients Tuesday. Continue reading →