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Federal Reserve Fed holds key rate steady, still sees two more cuts this year
WASHINGTON – The Federal Reserve on Wednesday kept interest rates steady amid expectations of higher inflation and lower economic growth ahead, and still pointed to two reductions later this year. With markets expecting no chance of a ...Home purchase sentiment rises after tariff pause
By Spencer LeeJune 09, 2025, 12:55 p.m. EDT1 Min Read Despite increasing mortgage rates and economic volatility, the outlook among home buyers and sellers improved on both a monthly and annual basis, according to Fannie Mae's latest housin...Top 5 Mortgage Q
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Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows
Key Points The personal consumption expenditures price index, the Federal Reserve’s key inflation measure, increased just 0.1% for the month, putting the annual inflation rate at 2.1%. Core inflation also was at 0.1% for the mon...
Home sellers now outnumber buyers by largest margin in 12 years, report finds
More cities are shifting toward buyers' markets, meaning buyers hold the upper hand in negotiations. halbergman/E+/Getty Images (CNN) - After years of bidding wars and climbing home prices, the balance of power in the housing market ma...
April home sales and price report
California home sales retreat for second straight month in April as median home price hits new all-time high, C.A.R. reports Existing, single-family home sales totaled 267,710 in April on a seasonally adjusted annualized rate, down 3.4 p...