Trump wants lower rates. Fed Chair Jerome Powell says he’s not spoken to the President, and that “we don’t need to be in a hurry to adjust the policy stance.”
Category: selma hepp
US home prices rise modestly amid affordability strains
CoreLogic Chief Economist Dr. Selma Hepp told Inman, “despite much-needed optimism, brought by a sharp decline in mortgage rates in August, the boost was short lived and not enough to renew homebuyers’ interest.”
Barbara Corcoran sees price growth of 10-15% once rates drop
Barbara Corcoran told “Good Morning America” viewers on Wednesday that she doesn’t foresee prices dropping any time soon but could see them spiking once mortgage rates come down.