National
Powell sees new opportunity to reform low-income lending rule
In September, an effort to update a rule encouraging lending in low-income communities turned into a faceoff among three...
federal reserve
The Latest
National
Fed wants banks to step up lending in low-income areas
The Federal Reserve has proposed modernizing and strengthening a 43-year-old law aimed at encouraging banks to provide loans in...
National
What low interest rates through 2023 means for real estate
The Federal Reserve is preaching stability in a chaotic world. Fed officials signaled on Wednesday that the short-term interest...
National
Mortgage rates notch new low
Mortgage rates sank to an all-time low — again. The average rate for a 30-year fixed-rate mortgage dropped .07 percentage points for the week ending Sept. 10, reaching 2.86 percent — a new low...
National
Fed signals low rates are here to stay
The Federal Reserve has shifted its strategy for setting interest rates, allowing inflation to rise higher than previous targets. The change codifies what the Federal Reserve has been practicing for the past 18 months,...
National
Mortgage rates are sub-3%. How will buyers and lenders react?
Uncertainty, the very thing that drove the average rate on a 30-year fixed mortgage to a record low this...
National
Mortgage rates hit all-time low
The downward slide in mortgage rates produced a new milestone this week, according to Freddie Mac’s latest primary mortgage market survey. The 30-year fixed-rate mortgage averaged 3.07 percent for the week ending July 2,...
Insights
TRD Insights: The 56 REITs whose bonds the Fed will buy
The envelope, please. As part of its many-pronged response to the severe credit crisis, the Federal Reserve established a...
National Insights
TRD Insights: Why mortgage rates aren’t under 3% (yet)
Days after Covid-19 was declared a pandemic, the Federal Reserve took the drastic move of cutting its benchmark interest...
National
Fed “not in any hurry” to raise interest rates: Powell
The Federal Reserve won’t push up interest rates any time soon, the central bank’s chairman said Wednesday as the...