The federal government is heading toward a shutdown. Here’s what economists say would be the impact.
A government shutdown could begin within days, halting pay for hundreds of thousands of federal workers and delaying services, as…
Category: loan
Spectacular AI growth to spark serious jobs issue for Fed: Zervos
Long-time market bull David Zervos is worried the Federal Reserve is overlooking how the artificial intelligence boom will impact the…
Mortgage Apps Barely Advance Thanks to Previous Week’s Momentum
Mortgage application activity technically hit another long-term high last week, but that’s only because it was riding the coattails of…
U.S. to impose tariffs on pharmaceutical drugs, kitchen cabinets, furniture and heavy trucks
President Trump announced Thursday that the U.S. would impose a new round of tariffs, including a 100% tariff on pharmaceutical…
Trump cartoon firing Powell Fed
U.S. President Donald Trump passes a document to Federal Reserve Chair Jerome Powell to fact-check the numbers during a tour…
Did Rates Have Anything to do With Big Surge in Home Sales?
New home sales surged in August, breaking a two-year stretch of range-bound activity. The Census Bureau and HUD reported a…
Some Walmart, Trader Joe’s pasta meals may be contaminated with listeria linked to deadly outbreak, USDA says
The U.S. Department of Agriculture is warning consumers not to eat certain ready-to-eat pasta meals sold at Walmart and Trader…
Gold, bitcoin are moving beyond market hedge to boost portfolio income
Gold keeps trading up to new record high prices. Bitcoin, while struggling to break out above recent record levels above…
Nothing New For Existing Home Sales
Existing-home sales held roughly steady in August after tepid uptick in July. That NAR reported a seasonally adjusted annual rate…
Mortgage Rates End Week as it Began
Last week was a wild one for mortgage rates with the lowest levels in nearly a year on Monday and…