The economic numbers in the second quarter of 2018 were quite solid, according to a new report by Fannie Mae. But is this growth sustainable?
Read More »Powell Makes a Case for Gradual Rate Hikes
In his second Congressional Testimony, Fed Chair Jerome Powell gave an upbeat assessment of the U.S. economy and an outlook on the Fed’s monetary policy. Here are the details.
Read More »Blankfein: ‘I’ve Never Been More Optimistic’
Solomon succeeds Lloyd Blankfein, one of the longest-serving Wall Street CEOs. Solomon, the bank's current president, will take over as CEO on October 1 and add the chairman title at the start of next year.
Read More »Best Bets for First-time Buyers
Where should first-time buyers look for their first home? Wallethub took a sample of 300 U.S. cities of various sizes—fewer than 150,000 people (small), 150,000 to 300,000 people ...
Read More »Aging Baby Boomers and the Housing Market?
Accounting for 46 million homes, the baby boomer generation is beginning to enter the age when many leave the housing market. Here’s what a Fannie Mae study found on who would take the place of these aging homeowners.
Read More »Housing Supply Rises, But Don’t Celebrate Just Yet
Inventory shortage challenges may be easing in the housing market, with second quarter housing supply rising for the first time since 2015, according to a report. But, it will take more than one spike for a sustained supply growth.
Read More »Credit Scores vs. Lending Rates
Mortgage lending rates for borrowers with great credit got a shade more favorable, according to a report. Here’s how moderate scores impacted mortgage loan borrowers.
Read More »Anticipating Bank of America’s Loan Originations Performance
The bank reported higher earnings in the second quarter of 2018 and expects consumer real-estate originations to remain solid. Here’s what Bank of America said it expects from its mortgage portfolio in the second half of 2018.
Read More »The Week Ahead: Bank of America Q2 Results
On Monday, Bank of America will release its second-quarter results. Here’s what else is in store in The Week Ahead.
Read More »Not-So-Homegrown Home Sales
There’s international appeal in U.S. real estate, and, according to recent IRS data, certain countries seem especially smitten with it, Zillow Research reports. Back in 2015, non-resident foreigners ...
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