As the future of the economy remains uncertain, the Fannie Mae Economic and Strategic Research Group forecasts home sales to remain constrained within a tight range regardless.
Read More »Housing Inventory Posted its Biggest Decline in More Than a Year
Across the U.S., there are nearly 40% fewer homes for sale compared to pre-pandemic norms, as new listings dropped an overall 23% from last June, according to Redfin’s Homebuyer Demand Index.
Read More »The Fed’s Contingency Plan for the Next Recession
What role could housing play in economic growth over the next year? Click through to find out.
Read More »The Fed: No Changes to Interest Rates
Although deciding on keeping the benchmark rate as is, the outlook heading in 2020, and even in 2021, is a different story.
Read More »Is a Recession Heading Our Way in 2020?
Is a recession heading our way in 2020? If so, what is The Federal Reserve doing to fight it? Well, that answer may change depending who you ask. A recent article from The New York Times stated while the current ...
Read More »Pressing Topics at the Fed
The Federal Reserve, who is a little over four months out from needing a new or reinstated leader, announced it purchased $7.029 billion in agency mortgage-backed securities last week. See the details of the purchase and other Fed hot topics here.
Read More »The Week Ahead: Yellen, Yellen, Yellen
It seems like every week Janet Yellen, Chair of the Federal Reserve Board of Governors is making news. Next week, the Federal Open Market Committee will meet for the fifth time in New York City. Will the Fed choose to raise interest rates for the second time in two months?
Read More »The Week Ahead: Yellen in the Spotlight
Janet Yellen will be in the limelight again on Wednesday and Thursday, this time testifying before both the House and the Senate. Will The Fed say more of the same, or will her testimony bring more changes?
Read More »Pam Patenaude’s Advancement Sparks Industry Excitement
Pam Patenaude was advanced by the Senate Banking Committee on Wednesday afternoon as Deputy Secretary of the Department of Housing and Urban Development, although she still must pass the Senate confirmation vote. Patenaude was received favorably by all members of the committee, aside from Senator Elizabeth Warren (D-MA) who requested to be recorded as a no vote.
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