General

The Senate Banking Committee has voted to advance the nomination of Sandra Thompson as head of the Federal Housing Finance Agency. In an executive session, the panel approved the nomination of Thompson to lead the housing regulator for a…
Read More...

Federal officials, on Wednesday, approved lifting its benchmark short-term interest rates by a quarter percentage point to a range of 0.25% to 0.5% in an effort to combat inflation that has escalated to a four-decade high. This is the first…
Read More...

Read more: What is the impact of the Fed rate hike on home purchase sentiment? The HMI index measuring current sales conditions dipped three points to 86, and the gauge measuring sales expectations in the next six months posted a whopping…
Read More...