Lifting of the asset cap could give the bank greater leeway to originate jumbo mortgages that exceed Fannie Mae and Freddie Mac’s $806,500 conforming loan limit in most markets
Trump administration keeps up pressure on Fed, but investors don't expect the US central bank to cut short-term rates until September as policymakers weigh tariff impacts
A surge in the Conference Board's Consumer Confidence Index for May made the preliminary numbers from a similar U of M survey look 'far too negative,' one economist told clients Tuesday
Moody's Ratings is last credit agency to strip US of its most favorable debt rating over concerns that Congress and 'successive US administrations' have failed to tackle annual budget deficits
The University of Michigan Index of Consumer Sentiment slipped to 50.8 in May, its second lowest reading ever, as Americans fretted about tariffs, inflation and the job market
A new Redfin report indicates that most consumers are still willing to pay for their real estate agents and that last year's NAR rules have had minimal impacts on agent pay
With more homes to choose from, purchase loan applications were up 18% from a year ago last week as buyers forged ahead despite economic uncertainty, MBA lender survey finds
Job market is 'solid,' and central bank policymakers need time to assess Trump administration's 'substantial policy changes' in areas including tariffs, immigration, taxation and regulations
Advance GDP reading suggests the economy shrank by 0.3% during Q1, as a rush by businesses to import goods before tariffs took hold and government spending cuts dented growth
Economic uncertainty, rate volatility and mounting worries about the labor market are reducing the pool of potential buyers, putting a damper on the spring homebuying season
Rising construction costs and shifts in foreign investments will result in falling sales as the weight of the tariffs are felt across US housing markets, economists and real estate leaders told Inman
Mortgage rates are climbing back toward 7% on fears that tariffs could reignite inflation, but Fed Chair Jerome Powell warns policymakers would be challenged if unemployment also rises
The University of Michigan Index of Consumer Sentiment fell 11% from March to April to 50.8 and is now lower than it was at any point during the 2007-2009 Great Recession
Inflation as measured by the Consumer Price Index dropped to an annual rate of 2.4% last month, but the impact of tariffs probably won't start showing up in the data until May
Stocks rebounded and pressure on interest rates eased after Trump announced a 90-day pause on country-specific 'reciprocal tariffs' with the exception of 125% duties on China