Tag Archives: Interest rates

What do the stable rates mean for housing and other economic factors? Here’s what the Federal Reserve had to say.

With widespread housing inventory shortages hitting many American metros, one contributing factor cited by some experts is that more homeowners are simply choosing to stay put in their current homes, for a variety of reasons. Now a new survey is ...

Today’s rising interest rates have some market participants concerned, according to Moody’s Investors Service. The survey reports that crimped housing supply, coupled with the higher cost to borrow, is chipping away at optimism. Some participants, however, feel that conditions in ...

Even with interest rates going up, millennials are still taking out loans for new homes, according to Ellie Mae. The Ellie Mae Millennial Tracker found that 83 percent of mortgage loans made to millennial buyers were for new home purchases, ...

As a Deputy Chief Economist at Fannie Mae, Dr. Palim is responsible for overseeing the Economic and Strategic Research Group’s forecasting functions. He also manages multi-disciplinary partnerships across the company to address specific business issues facing Fannie Mae. Dr. Palim ...

On Wednesday, after Jerome Powell's first Federal Open Market Committee (FOMC) meeting as Fed Chair, the Federal Reserve announced that it had increased the Fed funds rate by a quarter point at a target of 1.5 percent to 1.75 percent. ...

The Federal Open Market Committee (FOMC) and the Federal Reserve Board of Governors Board of Governors are set to convene on Tuesday at 9 a.m. EST, kicking off the latest two-day FOMC meeting. The Board of Governors meet eight times a year ...

On Wednesday, the Federal Reserve released its latest edition of the Summary of Commentary on Current Economic Conditions, more commonly known as the Beige Book. The Book is published in advance of each meeting of the Federal Open Market Committee, ...

The housing market is feeling the squeeze as high prices, low inventory, and high demand all butt up against each other, making it difficult for many potential homebuyers to find a house of their own (or at least one they ...

On Tuesday, Federal Reserve Chairman Jerome Powell made his first appearance before Congress since being sworn into the role. Remarking on the strengthening U.S. economy, Powell told Congress that “some of the headwinds the U.S. economy faced in previous years ...