Lisa Cook, governor of the US Federal Reserve, and U.S. President Donald Trump. Ting Shen | Bloomberg | Getty Images | Jonathan Ernst | Reuters The Supreme Court is set to hear oral arguments on Wednesday morning in a case over whether President Donald Trump has the power to fire Federal Reserve Gov. Lisa Cook…
Mortgage rates fell sharply on Friday, a day after President Donald Trump said on social media that he is instructing mortgage giants Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds. “This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable,” he said…
President Donald Trump speaks during a bill signing ceremony in the Oval Office of the White House, in Washington, Dec. 12, 2025. Francis Chung | Politico | Bloomberg | Getty Images President Donald Trump on Thursday said he is “instructing my Representatives” to buy $200 billion in mortgage bonds, claiming that doing so will drive…
Mortgage rates are lower, home prices are easing, and there is more supply on the market for sale. All of that adds up to improved affordability for today’s homebuyers. Saving for a down payment, however, is still the biggest hurdle for first-time buyers. Prices nationally are basically flat compared with where they were a year…
The stars look like they’re finally aligning in 2026 for Home Depot — one of seven out-of-favor portfolio stocks that Jim Cramer has called a buy. Although shares are down nearly 11% year-to-date, three recent developments point toward a recovery for the home improvement retailer. 1. November’s cooler-than-expected consumer price index (CPI) is helping the…
Bob Newhart and Will Ferrell star in “Elf.” Warner Bros. In the 2003 movie “Elf,” the lead character Buddy discovers he is human, though he has spent his life raised by elves. He travels to New York City to find his real family, including his father who shares an Upper West Side apartment with his…
A ”For Sale” sign is outside a residential home in Oro Valley, Arizona, on December 12, 2025. Michael Yanow | Nurphoto | Getty Images High home prices, stubbornly high mortgage rates and now less supply are all weighing on potential homebuyers. Sales of previously owned homes rose just 0.5% in November from October and were…
A tract of new tightly packed homes are viewed along the Boulder City Parkway on January 11, 2022 in Henderson, Nevada. George Rose | Getty Images Home values have been losing ground for much of this year, with previously huge annual gains shrinking to nothing. The result is that homeowners are losing equity. Borrower equity…
A home is shown for sale in The Heights in Houston, Monday, Oct. 27, 2025. Kirk Sides | Houston Chronicle | Getty Images Home prices have finally come down compared with last year, though just fractionally, according to daily reads from Parcl Labs, which looks at high-frequency listing data on single-family homes, condos and townhomes,…
From July 2024 to July 2025, 1 in 3 condos sold in Manhattan sold at a loss, according to luxury real estate firm Brown Harris Stevens. Experts say this dynamic is somewhat typical in a city with high selling fees and high tax rates. What is unusual is the borough’s wavering property values over the…
