Fed Chair Jerome Powell testified before the House on June 24, facing tough questions on rate policy, housing affordability, and inflation. Byron Lazine broke it all down on the Wednesday Hot Sheet; catch the key moments and what it all means for housing.
What happens to housing in a recession? Keeping Current Matters and Realtor.com data show that home prices rose in four of the last six recessions, while mortgage rates fell every time.
Federal Reserve Chair Jerome Powell used the word “uncertainty” several times during the FOMC press conference. Housing came up twice, with reporters more focused on tariffs and the economy. Here’s what that means for housing and real estate professionals.
Testifying before the Senate Banking Committee, Fed Chair Jerome Powell addressed the housing market, stating that mortgage rates remain high due to long-term bond yields—not Fed policy. Read his full remarks on affordability, supply, and future rate cuts.
At the December FOMC press conference, Fed Chair Jerome Powell announced a federal funds rate cut of 25 basis points. Here’s a breakdown of his statements on housing and the U.S. economy for the last FOMC meeting of 2024.
New research from RentCafe reveals why 24 million Americans moved in 2023, with housing, jobs, and lifestyle leading the way. Discover key trends and the top U.S. metros attracting movers.
At the November FOMC press conference, Fed Chair Jerome Powell announced a 25 basis point cut to the federal funds rate. Here’s a breakdown of his statements on housing and the U.S. economy following the 2024 presidential election.
Freddie Mac’s latest outlook report spotlight the growing challenges facing first-time homebuyers, from historic lows in available housing to increased competition, with 30 renters for each available home for sale.
Tom Toole shares two key slides that demystify the impact of presidential elections on housing and shares his three-channel distribution strategy to reach people in your database most likely to transact this fall and in the final quarter of 2024.
Following the June 11-12 FOMC meeting, Fed Chair Jerome Powell summed up the results at the press conference. He reiterated the Committee’s decision to maintain the current federal funds rate and signed only one rate cut by the end of 2024.
At the FOMC press conference on May 1, 2024, Jerome Powell announced the Fed would hold rates steady, citing stubborn inflation leading to a wait-and-see approach. This BAM article breaks down all of Powell’s remarks on housing inflation and market rents.
At the FOMC press conference on March 20, 2024, Jerome Powell gave an opening statement and answered questions from reporters. Here we include questions and comments related to the housing market.
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