The White House is claiming that Federal Reserve Chairman Jerome Powell is willing to leave the central bank’s Board of Governors after his term expires, although Powell has never made any public comment to support that notion. In an interview this morning on Fox...
A federal judge has refused to reverse his decision from last month to block the Department of Justice’s (DOJ) subpoenas of the Federal Reserve and its chairman, Jerome Powell. The Hill reports US District Judge James Boasberg, an Obama appointee, ruled on...
Mortgage rates on the rise, Habitat for Humanity turns 50, and a new TV series to help seniors consider housing options. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 23-27. Miss: Going Right in the Wrong Direction....
A drop in new home sales, an increase in political trash talking, and a tribute to a multifamily sector leader. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 16-20. Miss: Off to a Bad Start. This week, the US Census...
The Federal Reserve has opted to hold rates at their current level. The central bank’s policy making Federal Open Market Committee stated it will “maintain the target range for the federal funds rate at 3.5% to 3.75%.” The vote for holding rates was near-unanimous,...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
