The Supreme Court considers the Federal Reserve, a once-grand mall faces oblivion, and New York City’s mayor has a plumbing update. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 19-23. Miss: The Justices Are Not...
President Trump is rejecting a proposal raised by his administration that would have enabled homebuyers to use money from their 401(k) accounts to finance down payments. The Hill reports National Economic Council Director Kevin Hassett previewed the proposal last week...
President Trump and Federal Housing Finance Agency Director Bill Pulte have renewed their attacks on Federal Reserve Chairman Jerome Powell. In a posting on Truth Social, Trump wrote, “Mortgage Rates just hit a Three Year Low despite Jerome ‘Too Late’ Powell, and his...
High-profile real estate investor Grant Cardone has called on President Trump to extend the concept of bonus depreciation to homeowners. During his speech before the World Economic Forum in Davos, Switzerland, on Wednesday, Trump briefly touched on whether homeowners...
President Trump took to the lectern at the World Economic Forum in Davos, Switzerland, to deliver his much-promoted speech designed to outline his administration’s efforts to encourage affordable homeownership. However, the speech offered no new ideas and gave the...