Jerome Powell is stepping down as Fed chair. Explore his tenure with our interactive timeline
Jerome Powell is set to step down this week after a particularly eventful tenure
by Jim Dalrymple II May 11
Donald Trump and Jerome Powell, mortgage rates drop on Powell speech
Although $200B sounds like a lot of money, the impact and longevity of Fannie and Freddie's bond purchases on mortgage rates won't be as big as the Federal Reserve's
by Matt Carter Jan 9
picture of Wall Street bull statue, showing the role the market plays in retirement for real estate agents
Monthly purchases of $13B in mortgages and mortgage-backed securities may be taking pressure off mortgage rates — and setting the stage for a more attractive public offering
by Matt Carter Dec 15
Mortgage rates ebb as Powell hints at end of 'quantitative tightening'
Fed chair dismisses suggestion that central bank could resume its purchases of mortgage-backed securities to bring down mortgage rates and improve housing affordability
by Matt Carter Oct 15
Fed chair confirmation
Improve your understanding of how broad economic factors impact the housing market
by Jonathan Pressman Sep 20
Donald Trump and Jerome Powell, mortgage rates drop on Powell speech
Recent Trump appointee Stephen Miran was the lone dissenter in Wednesday's 11-1 vote, holding out for a bigger, 1/2 percentage point rate cut advocated by the president
by Matt Carter Sep 17
US credit ratings could soon be another worry for mortgage rates
Rating agencies are keeping a close eye on whether politicians in the nation's polarized Capitol will rise to challenges including the $34.8T national debt, debt ceilings and inflation
by Matt Carter Nov 14
Rates ease as Fed says it will dial back balance sheet tightening
Fed policymakers will slow the pace of 'quantitative tightening' — an unwinding of the central bank's $7T balance sheet — to $40B a month, less than half the pace envisioned 2 years ago
by Matt Carter May 1
Mortgage rates ease for 2nd consecutive day on inflation data
'Quantitative tightening' — the Federal Reserve's moves to trim $35B in mortgages from its balance sheet each month — could keep mortgage rates from falling dramatically this year
by Matt Carter Mar 1
Fed policymakers want more data, dash hopes of March rate cut
Chair Jerome Powell says a rate cut at the central bank's next meeting is not 'the base case,' with policymakers wanting to see more data showing inflation is on a sustainable path down to 2%
by Matt Carter Jan 31
Housing groups including NAR float wonky idea to cut mortgage rates
NAR united with lending groups on Thursday to urge the Fed to maintain its current mortgage holdings in order to narrow a wide 'spread' between 10-year Treasurys and rising mortgage rates
by Matt Carter Oct 13
The 2023 fall housing market won't look anything like the 2022 market
Windermere Real Estate Chief Economist Matthew Gardner revealed to Intel why an inventory surge in the fall of 2022 may have been a blip — and what that might mean for the housing market
by Daniel Houston Sep 13
Purchase loan applications once again at lowest level since 1995
Mortgage rates are climbing back toward 2023 highs as more inflation data comes in hot, spurring fears of another Federal Reserve rate hike in November and 'higher for longer' policy
by Matt Carter Sep 6
Rating agencies issue more cautions about banking industry
It's not just regional banks but larger lenders, such as JPMorgan and Bank of America facing uncertainty if interest rates stay higher for longer, analysts at Fitch and Moody's said
by Matt Carter Aug 15
Fed Chair Jerome Powell signals latest rate hike could be the last
Mortgage rates expected to ease even as Fed vows to continue 'quantitative tightening' that's trimming mortgage holdings by $35B a month
by Matt Carter Mar 22