Lenders are pouring money into AI, Redfin's Daryl Fairweather said. As a result, there's less capital leftover for loans on everyday items
The president argued that lowering home prices would cut into Americans' wealth gains, and stressed that lowering interest rates would help homebuyers struggling with affordability
The president made the announcement on Truth Social on Friday. Warsh will need to be confirmed by the Senate before taking up the central bank post
Inflation rose at an annual rate of 2.7% in December, leading many to believe the Fed will hold rates steady this month. But if market conditions cool, a March rate cut may be in the cards
Jerome Powell issued a warning on Sunday that the Fed's independence was under threat of political intimidation, as evidenced by grand jury subpoenas served to the bank by the DOJ
As the industry transitioned into a new era, big-player power moves, shifting rates, reform at NAR, technology advancements and more made 2025 another consequential year for real estate
A vote to reappoint 11 of the Fed's 12 regional bank presidents puts an end to speculation that the Trump administration might try to unseat inflation hawks opposed to interest rate cuts
As Americans become immersed in the hustle and bustle of the holiday season and buyer demand softens, homesellers are pulling back from the housing market
The luxury broker also said a fixed-rate 50-year mortgage would provide 'massive value' to consumers, and expressed exasperation over the volume of industry litigation today
The Treasury Secretary blamed the Federal Reserve for the current housing recession and said that if the central bank cut interest rates more quickly, the recession might come to a close
The drop in monthly payments, Redfin reported, followed a decrease in mortgage rates, with 30-year fixed-rate mortgages ultimately hitting a 2025 low of 6.12% on Tuesday
The longer the government shutdown lasts, the more it impacts the real estate industry. Here are the latest updates on the cusp of the shutdown's 3rd week
The NYC-headquartered firm has long thought of itself as a steady tortoise, CEO Bess Freedman told Inman, and during uncertain markets, that's something that attracts real estate agents
Early signs suggest consumers may be feeling more hopeful about prices and mortgage rates, and increasingly see 2025 as a good time to buy, new Inman-Dig Insights consumer polling shows
Mortgage lenders using old FICO score versions is a problem