The Fed made the announcement following a meeting of its governing body
With builders concentrating on luxury homes, fewer and fewer houses are affordable even as inventory rises
In a speech Wednesday, the outspoken senator called on lawmakers to cap the size of the largest financial institutions and limit emergency lending by the Fed to troubled institutions.
The final rule includes additional instructions for providing housing counselor information and features an online tool lenders can use.
Central bank officials are eager to get the rate hike process started, according to recently released minutes from the FOMC meeting. However, is the economy ready?
Researches have discovered that the ups and downs in the housing market are very different for advanced economies compared to emerging ones—an important insight as the U.S. Federal Reserve considers raising rates.
The low rate is a welcome sign for the Spring home buying season, but how long will it last?
What could go wrong if the Fed tries to force rates higher? According to RealtyTrac, a lot could happen, which is probably one of the reasons why the bank is so unclear.