Tag Archives: Jerome Powell

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.”

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

In a letter to Federal Reserve Chairman Jerome Powell, Senators Elizabeth Warren and Sherrod Brown have urged for Wells Fargo’s growth restrictions not to be lifted until Wells Fargo President and CEO Tim Sloan is removed.

Fed Chair Jerome Powell outlined the steps that the Fed will take to ensure a “thorough and transparent” review of the recent merger during his testimony before the House Financial Services Committee.

Here’s what Fed Chair Jerome Powell had to share on the economy and housing during the Fed’s semi-annual monetary policy report to the Congress.