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Fed chair Powell's 'wait and see' approach to interest rates has drawn criticism from the Trump administration, which insists ...
Analysts believe a modest drop in mortgage rates could prove to be a "magic bullet" for the U.S. housing market.
The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.
Elevated mortgage rates have been weighing on the U.S. housing market, which has been in a sales slump since 2022.
President Trump argues the Federal Reserve should cut interest rates to make buying a house cheaper. Former Labor Secretary Robert Reich warns that could backfire.
The post Housing Market Sends Mixed Signals as Inflation and Mortgage Rates Inch Up appeared first on Real Estate News & ...
Inflation is dropping. Will mortgage rates fall, too? While the inflation rate has not yet met the target rate of 2% set by the Fed, the new inflation data shows significant progress.
What's inflation got to do with mortgage rates?? A lot, according to housing market experts. This week's release of the Consumer Price Index for February, which measures changes in the cost of ...