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
Heightened fears of a trade war and recession have investors convinced the Fed will start cutting rates again in June, a sentiment that gives mortgage rates more room to come down
Sweeping plan imposes higher duties on 'worst offenders' and is in addition to 25% tariff on foreign automobiles slated to take effect April 3, president says at White House press conference
Central bank dials back Treasury rolloffs but is not ready to cut short-term interest rates, as Fed policymakers indicate they're more worried about inflation than they were in December
Republicans are less worried about the future than Democrats and Independents, but 'consumers from all 3 political affiliations are in agreement that the outlook has weakened since February'
Mortgage rates eased Friday as investors took stock of new data showing employers added 151,000 workers to their payrolls in February and the unemployment rate ticked up to 4.1%
Requests to refinance surged 37% last week and were up 83% from a year ago after the biggest 1-week decline in mortgage rates since November, the MBA's latest weekly lender survey shows
After moving in the wrong direction for 3 months, annual inflation cooled to 2.5% in January. But the biggest drop in consumer spending since 2021 has 1 model predicting a shrinking economy
Constellation Data Labs will provide active property listings and public records to a broader range of industries including mortgage lenders, asset managers and insurers
Trump calls for lower interest rates after release of January CPI report. Powell says Fed is in no hurry to cut rates, and bond market investors who fund mortgages are taking him at his word
Inflation expectations surged after President Donald Trump announced plans to impose tariffs on goods from China, Canada and Mexico, a new University of Michigan survey of consumers finds
Requests to refinance were up 12% week over week and 17% from a year ago last week after rates for 30-year fixed-rate loans pulled back to the lowest level in 6 weeks
Conversational generative AI chat assistant, Ask Obi, is aimed at providing high-level insights 'to better understand the data that drives their business,' Chief Product Officer Erin Wester says
Trump wants the central bank to lower rates. Fed Chair Jerome Powell says he's not spoken to the President, and that 'we don't need to be in a hurry to adjust the policy stance'
Elevated rates chill the prospects of a 2025 sales rebound from the lowest level in 30 years, as many would-be homebuyers and sellers would stay on the sidelines: Fannie Mae