Mortgage rates ease as economic data flashes recession warning
Consumer confidence sank to a 5-year low in April over concerns about tariffs, while trade deficit surged to an all-time high in March, and job postings shrank more than expected
by Matt Carter Apr 29
Investors betting Trump will privatize Fannie Mae, Freddie Mac
Shares in the mortgage giants soared Wednesday on expectations that the Trump administration and Congressional Republicans will revive efforts to privatize the mortgage giants
by Matt Carter Nov 6
Latest inflation numbers don't rule out June rate cut, economists say
The Federal Reserve's preferred inflation gauge moved in the wrong direction last month for the first time since September, but core inflation fell for the 13th consecutive month, to 2.8%
by Matt Carter Apr 1
Latest inflation numbers give mortgage rates some room to fall
A key Fed inflation metric, the PCE price index, continues to drop toward the Fed's 2% inflation target, falling from 2.6% annual growth in December to 2.4% in January
by Matt Carter Feb 29
Insurers 'dodged a bullet' as Hurricane Idalia slams rural areas
Mortgage giants Fannie Mae and Freddie Mac outline relief for victims, including forbearance allowing loan servicers to suspend collection of mortgage payments for up to 12 months
by Matt Carter Sep 1
Moody's says odds of recession have risen to 'uncomfortably high' 59.5%
Investors who fund mortgages are demanding unusually high premiums in comparison to government bonds, out of fears the loans they make now could quickly be refinanced if rates drop
by Matt Carter Sep 27
5 overlooked home markets poised to keep rising in value in 2023
A housing slowdown is underway throughout much of the country. But these 5 local markets may be positioned to weather the storm, according to new data from Moody's Analytics
by Daniel Houston Aug 15
Is it a housing bubble? Nearly 68% of housing markets are overvalued
Within the last year alone, home price growth, which has reached 20.6%, has become 4 times greater than income growth, which is a mere 4.8%
Remine investors drop company's valuation, hold founders' feet to fire
Term sheet obtained by Inman reveals Series B funding round will shift control of company's board from founders to investors
Austin named top US job market
Austin, Texas, earned its place as the top US job market for the second year in a row, according to rankings conducted by the Wall Street Journal and Moody's Analytics
by Lillian Dickerson Feb 25
President Trump's tax cuts cost homeowners $1 trillion: Report
Policies passed in 2017 that capped various real estate-related federal tax deductions limited housing price growth
by Jim Dalrymple II Oct 10
Can Elizabeth Warren’s $500B plan really end the housing crisis?
In her new American Housing and Mobility Act, Warren says she'll be able to close the supply and demand gap by 2028
by Marian McPherson Oct 3
Real estate industry welcomes flood insurance extension, reform
House passes revised version of National Flood Insurance Program that extends it for five years, carves out exemptions
Hurricane-proof livable yachts debut at Florida boat show
Seafarers from New York to Indonesia have already expressed interested
Employment growth slows in spring as skilled labor market tightens
The private sector continues to gain jobs but at a leisurely pace
by Caroline Feeney Jul 7