Lowest Rates of The Year (Barely) After Powell Speech
Heading into the week, Fed Chair Powell’s speech at the Fed’s annual Jackson Hole Symposium was only event on the…
Category: loan
Trump says U.S. government taking a 10% stake in tech giant Intel
President Trump said that Intel has agreed to give the U.S. government a 10% stake in its business. Speaking with…
Powell indicates conditions ‘may warrant’ interest rate cuts as Fed proceeds ‘carefully’
Federal Reserve Chair Jerome Powell on Friday gave a tepid indication of possible interest rate cuts ahead as he noted…
Incentives Rise as Builder Confidence Matches 2022 Low
Builder sentiment remains deeply subdued, as the National Association of Home Builders (NAHB) and Wells Fargo’s Housing Market Index (HMI)…
Mortgage Rates Inch Higher Yet Again
In a world (like this one) where mortgage rates are dictated by bond market movement and where bonds take cues…
TikTok employees raised concerns that app could be addictive, unsealed edited video shows
Newly unsealed and edited video shows TikTok employees and consultants expressing concern that potentially addictive features of the app could…
fmr. U.S. CEO Bill Simon
Walmart‘s former U.S. CEO Bill Simon thinks Thursday’s stock drop is bizarre. The big-box retailer lifted its full-year sales and…
Existing Home Market Still Crawling Along The Bottom Despite Modest Bounce
After sliding back in June, existing-home sales picked up in July. The latest update, released August 21, shows a modest…
Mortgage Rates Barely Budge
For the 11th straight business day, mortgage rates are very close to the levels from the end of the previous…
Trump calls on Federal Reserve Governor Lisa Cook to resign after she was accused of mortgage fraud
President Trump called on Federal Reserve Governor Lisa Cook to resign on Wednesday after one of his administration’s officials alleged…