Scroll through our mortgage rate timeline to see why the 2026 outlook is getting dimmer
NAR said Trump's order 'highlights the importance of reviewing regulatory barriers'
The bill may not pass so easily in the House, where lawmakers have suggested it will require some negotiating
Rates have reversed, hitting 6.15% on Tuesday in response to overseas conflict
During a 1-hour-and-47-minute-long speech, President Trump had few words to share on issues important to real estate professionals, like affordable housing, mortgage rates or low inventory
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
President Trump kept his focus on a potential ban on institutional homebuyers and highlighted existing plans to buy $200B in mortgage bonds to drive down rates
Opinion
Although Trump is attempting to respond to legitimate frustrations in the housing market, the proposed ban won't increase supply, Derek Carlson writes
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
The president's announcement was made against the backdrop of high inflation, which Trump blamed on former President Biden and Democrats in Congress
The lawsuit alleges that a move to terminate Lisa Cook would violate the Federal Reserve Act, which requires 'cause' for a governor's removal, and gives Cook the right to notice and a hearing
Mortgage giants should continue to operate as separate companies and be regulated like utilities with a cap on excessive fees and prohibitions on backing risky loans, industry group maintains
The president asked Cook to resign from her post after FHFA Director Bill Pulte accused her of mortgage fraud. Pulte has leveled similar accusations against other political adversaries
It has been a challenging year for many real estate agents contending with a volatile economy, but the luxury market has remained resilient in the face of uncertainty