Housing lenders and builders face an unusually concentrated stretch of economic news this week. The Federal Reserve will decide its next interest-rate move Wednesday, with September new-home sales due Tuesday and the first estimate of third-quarter economic growth...
Federal Reserve Chair Kevin Warsh offered no guidance on whether policymakers will raise interest rates again this month, despite a fresh series of inflation reports that have complicated the outlook for mortgage costs. At an IMF discussion in Bangkok on October 16,...
Homebuyers in much of the country are confronting another squeeze from higher borrowing costs, even as some Sun Belt markets continue to sell homes with discounts and builder incentives. The Federal Reserve’s October 14 Beige Book describes a housing market...
Boston Federal Reserve President Susan Collins said Tuesday she expects another interest-rate increase before the end of 2026, citing inflation risks that she believes outweigh the danger of a weakening economy. Her remarks put a fresh public endorsement behind...
Federal Reserve Governor Christopher Waller said Tuesday that the surge in long-term Treasury yields is already weighing on housing and other rate-sensitive businesses, providing some of the restraint policymakers otherwise seek through higher short-term interest...