Tag Archives: Jerome Powell

After weeks of rising mortgage rates, continued economic unpredictability has driven rates down slightly this week, as homebuilder sentiment hit its lowest level in 24 months.

Jerome Powell has been confirmed by the U.S. Senate for a second term as Chairman of the Board of Governors of the Federal Reserve System for a term ...

After a slight downtick last week, fixed-rate mortgages began an upward climb once again, with inflation reaching levels last seen in 2008.

The surge in mortgage rates seen last week has slowed slightly, as Freddie Mac expects rates to continue to increase, but at a more gradual pace.

The days of rates in the 3% range may be numbered, as yesterday’s actions by the Fed to begin tapering may put upward pressure on rates moving forward.

Fed Chair Jerome Powell has announced a slow tapering of the U.S. economy, as MReport examines the impact of the Fed’s actions on the nation’s housing market.

Two letters written by the Chair of the House Financial Services Committee Maxine Waters request additional oversight to avoid pandemic-related foreclosures.

Rates drop even further below 3%, as more are taking advantage of both purchase and refi opportunities with rates in continued record-low territories.

Mortgage rates hit their highest mark since August 2020 this week, but home shoppers continue to take advantage of record-low rates as the U.S. economy slowly comes back to life.

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