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
The University of Michigan Index of Consumer Sentiment slipped to 50.8 in May, its second lowest reading ever, as Americans fretted about tariffs, inflation and the job market. Continue reading
With more homes to choose from, purchase loan applications were up 18 percent from a year ago last week as buyers forged ahead despite economic uncertainty. Continue reading
As if listing agents don’t have a hard enough time getting sellers to make a few market-friendly improvements to their home, reports from the construction industry suggest the Trump administration’s tariff policy is going to raise the hurdle even highe… 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
Active listings in Washington, D.C., have surged 25.1 percent year over year, the largest jump on record and nearly double the national increase of 14.2 percent, new Redfin data released Wednesday shows. Continue reading
According to a new Redfin report, building permits for multifamily units have plunged 27.1 percent from their pandemic-era highs, with new rentals now hitting the market at the slowest pace on record. Continue reading
FHFA Director Bill Pulte tells ‘crypto influencer’ he’s signed more than 80 orders revamping policies and procedures at the mortgage giants, only 12 of which have been made public. Continue reading
Consumer confidence sank to a five-year low in April over concerns about tariffs, while trade deficit surged to an all-time high in March, and job postings shrank more than expected Continue reading
What the rest of this year will look like under Trump 2.0 with regard to real estate is anyone’s guess. Cara Ameer breaks down the possibilities, problems and opportunities. Continue reading