Tag Archives: Economy

The meeting of the Federal Open Market Committee (FOMC)—the policy-making arm of the Federal Reserve begins today. This is also the first time that the meeting is being ...

Chicago-headquartered Morningstar Credit Ratings has announced the appointment of Brian Grow as President of the company. In his new role Grow will oversee the day-to-day operations of the ...

Mortgage rates and home sales are expected to rise in 2018 according to the latest economic and housing outlook by Fannie Mae. The report expects mortgage rates to ...

The U.S. housing market might moderate over the next two years as a strong labor market and firm economic growth lead to an uptick in consumer price inflation says Freddie Mac.

The recent Hurricanes had fluctuating effects on the economy with some areas showing growth and falling while the exact opposite happened in other areas.

According to a new report from Fannie Mae, the U.S. is still poised for strong economic growth this year, despite lower-than-projected numbers during the first two quarters. How much will it grow exactly? Read on to find out.

According to new analysis, loosening zoning regulations in the nation's most productive cities could help spur economic growth. These regulations are keeping developers from building new housing opportunities. Ultimately, this restricts Americans to more affordable, smaller cities where they're less productive.

Despite sluggish economic growth in Q1 and the widely held assumption that the Fed would raise rates at least two more times this year, the Federal Open Market Committee opted to keep the federal funds rate as is at its May meeting. Raised in March, the rate currently sits at 1 percent. The Committee cited job gains and lower unemployment as factors in its decision.

The April Economic and Housing Outlook report from Fannie Mae paints a steady picture of an economy the GSE expects to give no big surprises. The combination of potential political unrest home and abroad and a smoothly growing housing market are keeping the GSE’s predictions on the safe side. Still, housing is a significant bright spot this year.

Many areas of the U.S. have seen home prices exceed supporting economic fundamentals, according to a report from Fitch Ratings. Areas such as Texas and Florida have seen increases in home prices that have led top overvalued homes, as inflation can't keep up.