Prior to this decision, the central bank voted for 10 consecutive rate hikes.
The post Federal Reserve Pauses on Rate Hikes appeared first on Weekly Real Estate News.
Federal Reserve Pauses on Rate Hikes
Housing Wire
The Federal Reserve delivers lower rates for Christmas
The Federal Reserve played the good grinch for Christmas this year and delivered the best gift for homebuyers nationwide, leading to lower mortgage rates. The 10-year yield and mortgage rates fell together after the Fed […]
Inflation
US inflation has steadily cooled. Getting it down to the Fed’s target rate will be the toughest mile
WASHINGTON (AP) — Over the past year, inflation in the United States has tumbled from 9% all the way to 3%, softening most of the price pressures that have gripped the nation for more than two […]
Housing
3 reasons it’s getting harder for renters to buy
Aspiring first-time homeowners are sailing into fierce macroeconomic headwinds as prices and mortgage rates rise, while higher rents make it harder to save for a down payment. Why it matters: Homeownership is a foundation for middle-class […]