Federal Reserve Gov. Stephen Miran is calling on the central bank to cut interest rates by 150 basis points during 2026. According to a Reuters report, Miran insisted the central bank should move with greater vigor on rate cuts as inflation moves closer to its desired...
President Trump announced he is directing his “representatives” to buy $200 billion in mortgage bonds as a strategy for driving down mortgage rates. In a posting on Truth Social, Trump blamed former President Biden for ignoring the housing market and...
Mortgage rates started 2026 on with a mild uptick, according to the Primary Mortgage Market Survey from Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.16% as of Jan. 8, up slightly from last week when it averaged 6.15%. A year ago at this time, it...
California Gov. Gavin Newsom is following President Trump’s lead by calling for a shutdown on institutional investors from purchasing single-family homes. The San Jose Mercury News reports 3% of California’s single-family homes are owned by large companies, according...
The Dallas-headquartered multifamily developer Trammell Crow Residential (TCR) is expanding its national platform with the opening of new offices in Phoenix and Nashville. To lead the new offices, TCR has named Tom Lewis as managing director in Phoenix and Peter Davis...
Illinois Gov. Pritzker: Don’t Blame Me for High Property Taxes
