“This low interest rate environment may limit the ability of central banks to reduce policy interest rates enough to support the economy during a downturn<" said Federal Reserve Chairman Jerome Powell in the first part of his Monetary Policy Report.
Read More »Fed, Bank Regulators Disagree on Community Lending Standards
What did Fed Governor Lael Brainard have to say about a proposed new standard for Community Reinvestment Act accountability?
Read More »Existing Home Sales Posts Another Increase
For the second-consecutive month home sales rose. One metric, though, was revealed to have increased for the 90th-consecutive month.
Read More »Analyzing the Housing Market Amid Trade, Economic Turmoil
Monday was not a good day on Wall Street. Following comments by President Donald Trump, who added logs to an already growing fire that is a trade war ...
Read More »What’s the Real Reason Behind the Housing Shortage?
A report by Business Insider states that labor shortages, lack of available lots, and higher material costs—although key talking points of Federal Reserve Chairman Jerome Powell—are not what’s ...
Read More »Consumers Gain The Edge in Housing Market Shift
First American Financial Corporation’s Home Price Index (HPI) revealed that consumer home-buying power increased 1.3% in May 2019 and 9.3% year-over-year. The HPI states real house prices dropped ...
Read More »The GDP Report’s Impact on the Fed
Friday’s release of the gross domestic product could have a large impact on the Fed’s decision to slash interest rates on July 31.
Read More »Are Rate Cuts On Their Way?
On Monday, President Donald Trump signaled to the Federal Reserve that he believes now is the best time to cut interest rates.
Read More »Potential Homebuyer’s Credit Increases
According to the Federal Reserve, Americans saw a $17 billion increase in nonrevolving debt. Here's why the National Association of Homebuilders called this increase good news for potential homebuyers.
Read More »The Impact of the Jobs Report on Interest Rates
The prospects that the Fed will slash interest rates later this month took a hit after the June jobs report from the Bureau of Labor and Statistics revealed ...
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