Neither, most likely, is the Fed itself. A confluence of factors – a global slowdown, a U.S.-China trade war, still-mild inflation, stomach-churning drops in stock prices – may have left Fed officials.
Market pricing derived from the Fed funds futures currently implies the Fed will stay on hold throughout 2019, but looking further out, it assigns a 35% chance for a 25bps rate cut by January 2020.
Senators press Obama for swifter REO strategy Senators press Obama for swifter REO strategy – HousingWire – A group of 33 senators sent President Obama a letter Thursday asking his administration and the Federal Housing Finance Agency to expedite pending plans for selling and renting previously.
The Fed’s latest federal open market committee meeting minutes paint a promising picture for America’s housing market even though members remain cautious heading into the future. Even though.
In March 2016, then-Fed Chair Janet Yellen referred to this effect as an “automatic stabilizer” for the U.S. economy. It helped. The economy weathered the market turmoil. pointed out. Fed officials.
Mortgage lending boom? Equifax reports massive increase in home credit Credit Availability and the Decline in Mortgage Lending to Minorities after the housing boom neil bhutta and Daniel Ringo Since 2006, the shares of home purchase loans originated to black and Hispanic borrowers have declined considerably (Figure 1).