Warsh Sees Housing Strain, Keeps Rate Hikes In Play
Federal Reserve Chair Kevin Warsh acknowledged Friday that housing is under strain. He did not suggest that the strain is severe enough to steerthe Fed away from another interest-rate hike.In…
Summer Rate Spike Knocks Pending Home Sales To Six-Month Low
The summer increase in mortgage rates wiped away more of the purchase market’s fragile spring momentum in July, pushing pending home salesto their lowest level since January.The National Association of…
July CPI Eases Mortgage-Rate Risk, But Doesn’t Promise Relief
Inflation cooled for a second consecutive month in July, easing one of the pressures that pushed mortgage rates higher this summer without yetgiving the housing market a clear path to…