Trump looks to South Korea to bring down mortgage rates

Overseas investors hold about $1.36 trillion in U.S. mortgage debt, with Japan, China, Taiwan and Canada accounting for 61 percent of that total. Continue reading

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

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

Pressure on mortgage rates eases as Trump pauses higher tariffs

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

Trump orders boost in US timber production, foreign lumber probe

President Donald Trump on Saturday signed an order aimed at increasing U.S. timber production and launched an investigation into the risks that foreign lumber imports pose to national security. Continue reading