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Mortgages and Rates
The cost of borrowing a house.
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Latest in Mortgages and Rates
Trump Administration Establishes Investigative Committee to Remove Fed Governor Cook, Pursuing Mortgage Allegations
1+ day, 1+ hour ago (316+ words) The White House announced on the 9th that it will establish an investigative committee to examine allegations that Federal Reserve Governor Lisa Cook made false statements in connection with mortgage applications she previously submitted. The committee will conduct an in-person hearing…...
Trump Orders Inquiry Into Fed Governor Lisa Cook’s Mortgage Claims
1+ day, 4+ hour ago (200+ words) A three-member panel will hold a closed hearing Nov. 5 and advise Trump whether legal cause exists to remove Cook. President Donald Trump has ordered an inquiry into Federal Reserve Governor Lisa D. Cook after raising allegations that she made false statements…...
Fed's Waller: More hikes needed, but there is 'flexibility' about the pace
22+ hour, 33+ min ago (597+ words) US Federal Reserve Governor Christopher Waller said on Thursday that additional rate hikes will likely be needed to lower inflation to the Fed's 2 percent target, but added there was "flexibility" about the pace of increases and left the door open…...
Weak jobs report eases pressure on fixed mortgage rates
1+ day, 35+ min ago (167+ words) Robert McLister: Odds of a near-term Bank of Canada rate hike have been slashed Canada’s job market just face-planted for a second straight month, with steep job losses and rising unemployment slashing the odds of a near-term Bank of Canada…...
Aave’s Lending Recovery Faces a New Test as V4 Expands Beyond DeFi
1+ day, 9+ hour ago (1446+ words) Aave is attempting to build new sources of borrowing demand through cryptocurrency-backed payments, tokenized equities and institutional credit, even as its established lending business remains substantially smaller than a year ago. The decentralized lending protocol recorded its third consecutive month…...
Trump orders mortgage fraud probe, hearing into Lisa Cook
1+ day, 3+ hour ago (323+ words) President forms investigation committee in latest strike against Fed governor President Donald Trump is trying again to fire Federal Reserve governor Lisa Cook. The White House announced Friday that it was forming a committee to investigate the mortgage fraud claims…...
This needs to happen if you want the Fed ‘to stop hiking rates,’ expert says
1+ day, 8+ hour ago (46+ words) Fox News This needs to happen if you want the Fed ‘to stop hiking rates,’ expert says Thru the Cycle’s John Lonski shares his inflation forecast on ‘Mornings with FOX Business.’...
Sui's Hashi Network to Unlock Bitcoin Lending With $500 Million in Commitments
1+ day, 15+ hour ago (779+ words) Sui's Hashi Network has secured $500 million in capital commitments from over 20 partners to launch a Bitcoin-backed lending platform that keeps BTC on its native blockchain, with a phased mainnet rollout scheduled for later this month. Sui's Hashi Network Secures $500 Million…...
Fed's Musalem says tighter monetary policy needed to lower inflation
2+ day, 1+ hour ago (498+ words) “To bring inflation back to target in a timely manner, more monetary policy firming will be required,” Musalem said at an event held by Bloomberg in New York. “If a timely manner is something like 18 months, that kind of suggests…...
Fed’s Waller: There is ‘flexibility’ about rate-hike timing
2+ day, 1+ hour ago (704+ words) Explore the BridgeTower Media network. 36 publications across 4 industries. Fed’s Waller: There is ‘flexibility’ about rate-hike timing Federal Reserve Governor Christopher Waller said additional interest rate hikes will likely be needed to return inflation to the Fed's 2% target, though policymakers have…...