Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show
Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates, split…
New Home Sales Drop to Lower End of Range After Hitting The Highs Last Month
New Home Sales fell sharply in May according to the latest report from the U.S. Census Bureau and HUD. After…
Mortgage Rates Continue Higher For Third Straight Day
For the entire 2nd half of June, it was easy to be spoiled by the absence of volatility in mortgage…
Kevin Hassett says ahead of tariff deadline, “rough outlines of the deals are becoming clear”
Washington — White House National Economic Council director Kevin Hassett said Sunday that “rough outlines of the deals are becoming…
Trump ‘big beautiful bill’ gives top 1% biggest tax cuts in these states
Speaker of the House Mike Johnson, R-La., speaks to reporters as he walks back to his office as the House…
Refis Pick Up Steam as Rate Relief Returns
Mortgage application activity moved higher last week as rates declined to the lowest levels since April, according to the Mortgage…
Mortgage Rates Rose Less Than Expected After Employment Data
Today brought the hotly anticipated jobs report. This is the “official” job count and unemployment rate data for the U.S.…
Dr. Phil’s Merit Street Media company files for bankruptcy less than 2 years after launch
Merit Street Media, the multiplatform network owned by former daytime talk show host Dr. Phil McGraw, has filed for bankruptcy…
China’s Xpeng keeps up its solid EV delivery streak against rivals
Chinese electric car company Xpeng displays its mass-market Mona M03 coupe inside a headquarters’ showroom in Guangzhou, China, on Aug.…
Pending Home Sales Data Scores Some Points, But Not Enough to Change The Game
The National Association of Realtors’ Pending Home Sales Index (PHSI)—which tracks contract signings on existing homes—has remained rangebound for more…