In the chart below, red shows single-family permits and blue shows five-unit permits. There is a…
Tag: Federal Reserve
Labor market report is good news for mortgage rates
So where does this leave us? Let’s look at my labor economic model that started on…
If reelected, Trump could seek greater control over Federal Reserve
A report published late Thursday by The Wall Street Journal said that allies of former president…
Powell makes it clear: No rate cuts anytime soon
Powell: “Right now, given the strength of the labor market and progress on inflation so far,…
How the CPI data took one Fed rate cut off the table for 2024
So far, we have held the line on the market pricing in three rate cuts, but…
The labor report gives the Fed a clear pathway to land the plane
The 10-year yield has had a wild ride today, but now is an excellent time to…
Barr: Fed is taking ‘thoughtful approach’ to Basel III rules
Federal Reserve vice chair for supervision Michael Barr said the central bank is taking “a very thoughtful approach”…
Judge sides with trade groups, halts new CRA rules
A federal judge in Texas has granted a preliminary injunction to banking trade groups that seek…
Mortgage industry excitement is subsiding about expected Fed rate cuts in 2024
One of the major takeaways from Federal Reserve Chair Jerome Powell’s Wednesday news conference was that…
Is the spring housing market ready for the Fed’s déjà vu?
A serious 10-year yield and mortgage rate talk My work on housing moves around the 10-year…