Federal Reserve Governor Lisa Cook speaks with Fed Chair Jerome Powell at a June 25, 2025 open meeting at the Federal Reserve Board building in Washington, D.C.
Hundreds of economists say Trump's move to fire Cook 'threatens the fundamental principle of central bank independence and undermines trust in one of America’s most important institutions'
by Matt Carter Sep 2
trump and mortgage rates
Last week, Inman staff writers and contributors had governmental and economic shifts on the brain, writing about rates, sales trends and the national debt
by Christy Murdock Sep 1
President Trump and Fed Governor Lisa Cook in front of a photo of the Federal Reserve Bank
A judge gave attorneys for the Fed governor until Sept. 2 to bolster their argument that she should keep her job, as Bill Pulte leveled new allegations of misrepresentation on a third property
by Matt Carter Aug 29
Dems seek answers on impact of Fannie, Freddie IPO on rates
Survey shows most Americans are concerned that privatizing the mortgage giants might lead to higher mortgage rates, with Democrats and independents most likely to be worried
by Matt Carter Aug 29
A picture of President Trump, who passed the "One Big Beautiful Bill Act," to represent OBBBA tax benefits for investors.
For both new investors and established players, Kevin DeCicco writes, the updates to the tax code now offer more tools for building and preserving real estate wealth across generations
by Kevin DeCicco Aug 27
Trump says he has ousted Fed governor, defying precedent
Trump has attempted to remove Lisa Cook from the rate-setting board over allegations made by the head of FHFA. Cook has denied wrongdoing and said she would continue serving on the board
Small lenders oppose combining Fannie, Freddie into single entity
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
by Matt Carter Aug 22
Mortgage rates hit 4-month low and have more room to drop
Homeowners rushed to refinance last week, and lender data shows homebuyer demand for purchase loans is up 17 percent from a year ago with Federal Reserve rate cuts on deck
by Matt Carter Aug 13
If Fannie and Freddie go public, what happens to mortgage rates?
Impact on rates depends on the structure of rumored IPO. Whatever the plan, the Trump administration has stacked the boards at the mortgage giants with its supporters
by Matt Carter Aug 8
Lower mortgage rates get a few more homebuyers off the fence
Tariff uncertainties and job loss worries meant lower rates had a bigger impact last week on refinancing demand than homebuying, Mortgage Bankers Association surveys show
by Matt Carter Aug 6
Mortgage bankers take a stand against tri-merge credit reporting
Consumer group claims FHFA's plan to pit VantageScore 4.0 against older FICO Classic score on Fannie, Freddie loans will make 'anti-competitive natures of the credit scoring market even worse'
by Matt Carter Aug 6
Homebuilders cry 'uncle' as duties on Canadian lumber hit 27%
NAHB urges Trump administration to negotiate new softwood lumber agreement with Canada 'that will provide a fair and equitable solution to all parties and eliminate tariffs altogether'
by Matt Carter Aug 4
Mortgage rates drop with stocks on surprise jobs report and new tariffs
Trump announces new tariffs on dozens of countries beginning Aug. 7, fires BLS commissioner after revised jobs report shows dramatic slowdown in payroll growth in May and June
by Matt Carter Aug 1
Donald Trump and Jerome Powell, mortgage rates drop on Powell speech
With job market stable and the economy chugging along, bets placed by futures market investors suggest the odds of a September rate cut have dropped to less than even
by Matt Carter Jul 30
Homebuyers still have jitters about the economy and job market
Mortgage rates have stabilized and more inventory is coming online, but applications for purchase loans fell by a seasonally adjusted 6% last week compared to the week before
by Matt Carter Jul 30