by RealtyBizNews | Jun 10, 2021 | economic easing, economic recovery, Featured News, Federal Reserve, Home Sales, housing, housing boom, housing bubble, interest rates, investment bubble, Jerome Powell, Peter Boockvar, Real Estate Investing, real estate market, Real Estate News, The Fed, U.S. Federal Reserve
With the U.S. Federal Reserve Chairman Jerome Powell set to announce inflation data today, many are on the edge of their seats anticipating what may be an interest rate hike coming soon. While vested interests prefer to paint a rosy picture for perpetuating a crazy...
by RealtyBizNews | May 3, 2020 | Federal Reserve, interest rates, Jerome Powell, Mortgage, Real Estate News
The Federal Reserve this week voted to maintain its benchmark interest rate unchanged at near zero, showing it has no interest in reversing course anytime soon, most likely due to the coronavirus pandemic. The Fed’s benchmark rate doesn’t directly impact mortgage...