Exclusive: Redfin’s chief economist answers 5 tough questions

Exclusive: Redfin’s chief economist answers 5 tough questions

Nationalizing the GSEs, the silver bullet for Washington policy and more

HUD: Associated Bank ‘redlining’ settlement largest ever

HUD Secretary Castro says settlement “sends a strong message”

Housing in places like New York, San Francisco fail more than just the locals

Local policies curtail worker freedoms
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Items Tagged with 'Federal Reserve'

ARTICLES

Yellen: If nothing changes, expect higher interest rates this year

Contingent on “continued improvement” in labor market conditions
Ben Lane
As predicted by many economists, the Federal Reserve is indeed considering raising the Federal Funds Rate later this year, Fed Chair Janet Yellen said Friday. And if the economy improves as expected, she believes it will be “appropriate” for the Fed to raise the Federal Funds Rate this year, which in turn, would affect mortgage interest rates.
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Annaly CEO: Blame Fed policy for failed economic recovery

8 years of injustice to American workers
Jacob Gaffney
Wellington Denahan, CEO of mortgage REIT Annaly Capital, came out swinging in the investor conference call after reporting earnings yesterday. Lucky for us, the Federal Reserve didn't go further with the economic bailout.
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April jobs report comes in below expectations

March reading revised down to 85,000
Trey Garrison
Employers added 223,000 jobs in April, below consensus expectations of 228,000, even as March’s weak payroll number was downwardly revised to an abysmal 85,000. Here’s what happened.
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Fed: Loan demand surges as standards ease heading into spring

5 charts show what bankers think
Brena Swanson
The housing market started off on solid footing this year as lenders said they witnessed an increase in mortgage lending demand while credit standards eased simultaneously. These five charts show just how big of an increase it was.
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Whalen: Why the Fed must raise interest rates, but it won’t

Everyone talks about the FOMC but no one does anything
Trey Garrison
For more than a year, almost everyone in and around the industry has been saying that the Federal Reserve will be raising interest rates by mid to late 2015. One man in the know thinks everyone is wrong.
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Has the mortgage market turned a corner?

Mortgage lending still below norms and signs point to...
Trey Garrison
The mortgage market has been as weak as the jobs market and the economy as a whole so far this year. Is it ready to turn a corner, or will it miss and continue right off the road?
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Weakness in the economy may push back rate hike pressure

All signs point to a weak March but that’s not affecting consumer confidence
Trey Garrison
Growth is tepid for the index of leading economic indicators. With softness in consumer price inflation, will the Fed really want to raise interest rates in the third quarter, or hold steady?
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Beige Book: Housing ready for spring home buying

However, there are still small pockets of concern
Brena Swanson
A majority of the twelve Federal Reserve Districts recorded growth in the latest Beige Book, and although there was some slowing in housing starts due to abnormal seasonal patterns, things are looking good for the spring.
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Monday Morning Cup of Coffee: Let the good times roll (because they won’t last)

Weakness in energy sector, dollar will slam on the brakes
You now the joke about the guy with the positive attitude who falls off the tall building and on the way down at every window he can be heard saying “So far so good, so far so good…”? Yeah, that may be the economic outlook. Read on.
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Ignore the rising interest rate alarms

When will the Federal Reserve raise interest rates?
Brena Swanson
The latest report from the Federal Reserve sent the industry into panic mode since it eliminated the word “patient” from its outlook on interest rates. But before the industry starts to worry, Mark Fleming, chief economist at First American, explained how this idea is utterly wrong.
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