Kevin Warsh was confirmed by the Senate on May 13 as the new chair of the Federal Reserve, replacing Jerome Powell. Warsh previously served as a Fed governor from 2006 to 2011 and will now lead the central bank during […]
Mortgage Rates, Fed Moves & What’s Next for Housing
Mortgage rates remain the biggest driver of today’s housing market — and expectations have shifted. Earlier forecasts suggested rates might average around 6 percent this year. Now, projections are closer to 6.5 percent, with the potential to reach 7 percent […]
