Treasury Secretary Scott Bessent said the U.S. housing market is in a recession due to high interest rates, and repeated his ...
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Bessent says Fed policy pushed housing into a recession
Scott Bessent has declared that the US housing market is currently in a “recession,” attributing this downturn to the Federal ...
US Treasury Secretary Scott Bessent said there are sectors of the US economy that are in a recession, and added that Federal ...
Powell acknowledged the Federal Reserve kept purchasing mortgage-backed securities (MBS) for too long—but he’s also unsure ...
Treasury Secretary Scott Bessent blamed the Federal Reserve's cautious approach to interest rate cuts for the state of the ...
Many people in North Dakota have been paying more for bills in the last few years. That includes both rent and mortgage ...
Demand has shrunk in recent months because of ongoing affordability issues keeping homebuyers to the sidelines of the market, ...
According to the Congressional Budget Office, 1.6 million housing starts are needed annually for the next 10 years to meet ...
The Federal Reserve announced its second interest rate cut of the year on Wednesday, reducing the benchmark rate by a ...
Speaking at the ResiDay conference, Bill Pulte said President Donadld Trump avoids D.C. groupthink, but "these other people, ...
Over the weekend, top federal housing official Bill Pulte floated the idea of a 50-year mortgage with President Trump.
Housing rates for younger generations have fallen since the 2008 financial crash and are lower than they have been in ...
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