The Federal Reserve’s first rate increase since 2023 was only part of the message housing professionals received Wednesday. The more consequential signal for the months ahead may be in the central bank’s updated economic projections: policymakers now see inflation...
WASHINGTON — Pending home sales edged higher in August, but the modest monthly improvement did little to change a housing market still operating well below last year’s pace. The National Association of Realtors’ Pending Home Sales Index increased 0.3% from July to a...
The Senate Banking Committee voted Thursday to advance Brian Johnson’s nomination to lead the Consumer Financial Protection Bureau, moving President Donald Trump’s pick one step closer to taking charge of the agency that oversees consumer-finance laws...
LOS ANGELES — Federal prosecutors have charged three people in separate Southern California homelessness fraud and corruption cases involving millions of dollars in taxpayer funds, including allegations that money intended for homeless housing was diverted to...
Lennar’s third-quarter profit fell by more than half from a year ago, and the homebuilder cut its full-year delivery target again as higher mortgage rates and worsening affordability slowed buyers across its markets.The Miami-based builder reported net earnings...
PenFed Mortgage Originations Rise 65% to $1.7 Billion Through September
