Investors who fund most home loans are no longer wondering whether the Federal Reserve will cut rates this month, but by how much. At least three quarter-percentage point rate cuts are now expected this year. Continue reading
Investors pushed bond yields and mortgage rates down Friday after Fed chair says policymakers are starting to see unemployment as a bigger risk to the U.S. economy than inflation. Continue reading
Trump announces new tariffs on dozens of countries beginning Aug. 7, fires BLS commissioner after revised jobs report shows dramatic slowdown in payroll growth in May and June. Continue reading
Applications for purchase loans fell 5 percent last week as rates climbed to highest level since February over concerns about inflation and growing government debt. Continue reading
Moody’s Ratings is the last credit agency to strip U.S. of most favorable debt rating over concerns that Congress and “successive U.S. administrations” have failed to tackle annual budget deficits, growing interest costs. Continue reading
Central bank policymakers need time to assess Trump administration’s “substantial policy changes” in areas including tariffs, immigration, taxation and regulations Continue reading
Stocks rebounded and pressure on interest rates eased after Trump announces 90-day pause on country-specific “reciprocal tariffs” with the exception of 125 percent duties on Chinese goods. Continue reading
Heightened fears of a trade war and recession have investors convinced that the Fed will start cutting rates again in June — a sentiment that gives mortgage rates more room to come down. Continue reading
Homebuyers have responded to a pullback in mortgage rates from January highs, but tariffs on imported goods could keep inflation elevated and halt the downward trend in rates. Continue reading
Investors bid up shares of mortgage lenders and real estate companies after “relatively benign” CPI report ends speculation that inflation worries might force the Fed to raise rates this year. Continue reading