Mortgage Bankers Association President and CEO Bob Broeksmit opened the 2023 edition of his organization’s Annual Convention & Expo will a full-throttle assault against the federal government for policies that he decried as having a destructive impact on the...
Rising mortgage rates, rising foreclosure rates, and Bad Bunny’s rather pricey rental unit. From the wild and wooly world of real estate, here are our hits and misses for the week of Oct. 9-13. Miss: Up, Up and Oh No. The 30-year fixed-rate mortgage surged...
The leadership of the Mortgage Bankers Association, the National Association of Home Builders and the National Association of Realtors have sent a joint letter to Federal Reserve Chairman Jerome Powell warning that the central bank’s policy of rate hikes is creating...
A potential new life for a long-shuttered 100-year-old theater, federal workplaces that truly make employees ill, and Jerome Powell puts his foot on the economic brake. From the wild and wooly world of real estate, here are the hits and misses for this week. Hit and...
Fasten your seat belts – Federal Reserve Chairman Jerome Powell isn’t done with rate hikes. In a speech this morning before an economic policy symposium in Jackson Hole, Wyoming, Powell insisted that the central bank’s goal of driving inflation down to 2% may require...