Trump wants Powell to lower rates. Here’s how to do that
Lead Analyst Logan Mohtashami thinks there’s a better way for Trump to try to convince the Fed Chair to cut rates before it’s too late.
Inflation
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‘Feelings-based recession’: More Americans fearful of finances despite economic data
The TransUnion survey found that 32% of consumers report being pessimistic about their household finances over the next 12 months.
Home-price growth at decade low, Florida markets lead declines
Notably, Florida — once a hotbed of rapid appreciation — led the nation in price declines. The state posted a -0.8% year-over-year drop
The Fed is preparing for rate cuts, but waiting on job losses
Powell emphasized that if the labor market deteriorates, the Fed has the ability to cut rates appropriately to mitigate the labor damage.
Why this week’s Fed meeting is critical for mortgage rates
The Fed has adjusted its inflation targets, primarily in response to the trade war and the anticipated shortages if agreements aren’t reached.
Trump’s ‘Liberation Day’ imposes dramatic global tariff regime
President Donald Trump announced an executive order that places a tariff on all foreign imports, in addition to levies for specific countries.
2025 labor market holds key for mortgage rates
The labor market is getting softer. But, there is a limit to the downside on mortgage rates until the labor market breaks.
Do mortgage rates have room to drop lower?
Treasury Secretary Bessent said the housing market is about to “unfreeze.” Can mortgage rates go even lower than we’ve seen since Jan. 14?
Homebuyers are adjusting to the new normal of 7% mortgage rates
As the 2025 spring homebuying season approaches — and the tone is set for what the rest of the year could look like — the long-term costs of a home loan are inching lower even as fears of inflation, unemployment and tariffs loom large.
Trump tariffs on Canada, China and Mexico go into effect Saturday
According to multiple news outlets, President Donald Trump will enact tariffs on goods imported from three major U.S. trade partners. The plan goes into effect Saturday, the White House confirmed, with 25% tariffs on Canada and Mexico, along with 10% tariffs on China.