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…

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…

Higher-than-expected inflation reading cools mortgage demand: MBA 

Mortgage demand receded after the release of a stronger-than-expected inflation reading last week. Mortgage applications decreased…