Rising home prices and mortgage rates pushed monthly payments up 15% last month, year over year.
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Tagged: Federal Reserve Board (FRB)
Redfin: Median Monthly Payments Reach $2,890 In April
Economists Less Confident Rates Will Drop Following Fed Decision
After sixth consecutive month with no change, the likelihood of cuts in 2024 feels "more out of reach."
May 01, 2024
U.S. Economy Grew At 1.6% Rate In Q1
The slowdown comes at the same time that the Federal Reserve's efforts to combat inflation have stalled.
Apr 25, 2024
Federal Reserve Posts $114 Billion Loss In 2023
Interest rate hikes and balance sheet reduction shrink net income for the central bank.
Apr 01, 2024
Fed Rate Could Be Down To 4.6% By Year's End
Inflation must hit its 2% goal for Fed to reduce rates.
Mar 20, 2024
Challenges And Solutions To Home Lending In Native American Communities Presented By NCRC
Bankers from around the nation participate in Redlining the Reservation webinar.
Feb 21, 2024
Powell: No Anticipated Rate Cut In March
Decision on interest rate reductions will be assessed on a month-to-month basis, as Powell expresses growing confidence in inflation control.
Jan 31, 2024
Warren To Powell: Lower Rates
The Democratic U.S. Senator and three of her colleagues are asking the Fed to lower interest rates this week.
Jan 29, 2024
Fed Minutes Reveal Cautious Approach
Federal Reserve leaves the door open for increases.
Jan 03, 2024
Dec 21, 2023