The first interest rate cut in four years is on deck. For many households, this policy shift is welcome news, but one cut won’t make a big impact, experts say.
"September 13, 2024" Archives
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Allies of former President Donald Trump are developing plans to move government-sponsored enterprises Fannie Mae and Freddie Mac out of federal conservatorship, a long-sought goal of certain politicians and a move that would have a notable impact on the mortgage finance industry. The news was first reported by the The Wall Street Journal (WSJ). “Former…
Diane Swonk, KPMG chief economist, joins CNBC to discuss why falling mortgage rates aren’t spurring buying activity, outlooks on VP Harris’ housing plan, and more.
Ryan Serhant and his brokerage SERHANT. are riding a sugar high thanks to the success of “Owning Manhattan,” the Netflix show that followed Serhant and his agents around New York as they shopped some of the priciest properties in the city. The show has been renewed for a second season and Serhant says it will…