Tag Archives: Federal Reserve

While homeowners seek additional relief due to the effects of COVID-19, the Treasury Secretary said the government is “looking at sending checks” immediately.

The Federal Reserve's Commercial Paper Funding Facility is intended to assist in the flow of credit to a range of economic activities, including mortgages.

The FOMC added it would maintain this level until “it is confident that the economy has weathered recent events,” brought on by COVID-19.

Also in The Week Ahead, the Senate Committee on Banking, Housing, and Urban Affairs will hold a hearing to examine the Consumer Financial Protection Bureau's semi-annual report to Congress.

Fed Chair Jerome Powell reiterated that the U.S. economy remains strong, while one insider said the Federal Reserve is “running out of ammunition.”

In response to growing coronavirus fears, experts predict the Federal Reserve will likely cut rates.

Hear from Federal Reserve Chair Jerome Powell in his semi-annual monetary policy report to Congress in The Week Ahead.

As 2019 draws to a close, here's how housing is performing in key areas of the U.S., according to the Federal Reserve.

Housing is the single largest contributor to the U.S. economy, and as interest rates have been cut, mortgage rates have bounced back.

The Federal Reserve approved another rate cut, taking down its benchmark overnight lending rate to a target range of 1.75% to 2%. Here's what experts are saying.