Why did the S&P 500 hit a record high recently?
What risks are rising from falling home prices?
How will Trump’s tax and spending bill affect economy?
Why did Tesla complete its first fully autonomous car delivery?
What caused the surge and stumble in quantum stocks?
How is Meta’s AI hiring spree reshaping the tech race?
Why are major banks passing Fed stress tests despite softer scenarios?
Top housing official sends Fed Chair Powell blunt message on mortgage rates
thestreet.com/fed/top-housing-official-sends-fed-chair-powell-blunt-message-on-mortgage-rates
American homeowners and aspiring homebuyers are exhausted by mortgage rates that are the highest in this century.
With 30-year fixed mortgages at 6.77% on June 26, the housing industry is stagnant: no buyers, no sellers, and – an important economic indicator – lagging new…
This story appeared on thestreet.com, 2025-06-28 14:17:00.