Homeowners are sitting on record equity – and not using it
U.S. homeowners have more housing wealth than ever before, thanks to fast-rising home prices over the last several years. But they aren't spending much of it.
U.S. homeowners have more housing wealth than ever before, thanks to fast-rising home prices over the last several years. But they aren't spending much of it.
The Fed's quarter-point rate hike will impact a range of consumer borrowing and savings costs, including mortgages, credit cards, car loans and…
Mortgage rates have surged to the highest level since the start of 2025, causing a major pullback in mortgage demand.
Bessent defended the administration's Treasury-market intervention, economic record and AI policy while lawmakers tried to pin him down on borrowing and energy.
Mortgage lenders that work with Fannie Mae and Freddie Mac, government-sponsored enterprises, have the green light to use VantageScore 4.0 if they…
The Federal Reserve is widely expected to raise its benchmark interest rate by a quarter percentage point at its September meeting.
America's housing market is short inventory and workers, pressuring home affordability. Constructions robots are reality, but to date not humanoid homebuilders.
The average rate on the 30-year fixed mortgage crossed over 7% for the first time in more than a year, as home…
Home sales slowed again despite the highest supply of homes for sale in over a decade. Prices, however, continue to rise.
As the Trump administration ramps up pressure on the Federal Reserve, consumers may be better served if senior officials back off, experts say.
Mortgage rates continue to climb, so more borrowers are turning to adjustable rate mortgages, which offer lower interest rates comparatively.
The backlash against artificial intelligence data centers could prove a tailwind for real estate investment trusts in the sector.
As U.S. rent prices rise, more tenants are relocating to cheaper markets, according to a new report by Zillow.
Kristen Payne and Mary-Frances StyczynskiThe money supply is defined as a group of safe assets with stable values that households and businesses…
Nick Heyman, Colin J. Hottman, and Ryan MonarchThis note examines the heterogeneous exposure of states in terms of their consumption of direct…
Colin WeissIn 2025, world international reserves held in gold surpassed foreign official holdings of U.S. Treasury securities (figure 1), a fact drawing attention from…
Alex Haag, Colin J. Hottman, and Amanda TinkhamAmid the largest global oil supply shock in history, oil futures prices moved up much…
Mortgage rates continue to rise, pushing some buyers to riskier, adjustable-rate loans in order to find savings. Rates are at the highest…
Mike Gordon of Harrison Street Asset Management said funding cuts and enrollment trends are making specialization more vital than ever.
The expectation had been for falling rates this year, but the war with Iran and its resulting rise in oil prices upended…
New York City brokers said they've seen a surge in the number of wealthy renters, which is driving Manhattan rents to new…
The Trump administration is considering a Yosemite land exchange that could give a developer more direct park access.
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