Fed Chair Jerome Powell Says Trump’s ‘Unprecedented’ Prosecution Threat Won’t Sway Interest Rates
Federal Reserve Chair Jerome Powell has issued an extraordinary statement revealing that he is under federal criminal investigation, calling the probe a futile pressure tactic to force lower interest rates. In a video statement posted on Sunday night, Powell said the Department of Justice had served
Trump’s $200 Billion Mortgage Buying Spree ‘Unlikely’ To Move Rates Much
President Donald Trump has instructed Fannie Mae and Freddie Mac to launch a massive buying spree of mortgage-backed securities to push mortgage rates lower, but experts are skeptical that the move will have a dramatic impact. Trump said on Jan. 8 he would have Fannie and Freddie, which have been un
Buying in January Could Save You $23,000—Here’s Why
Mortgage interest rates hovering close to the 6% range are encouraging buyers to come off the sidelines, but January may have an added incentive. Buyers who snag a 1,500-square-foot home in the first month of the year could save an average of $23,000 compared with those who purchase one in May, acco
Space Coast Developer Lists Island Property That Was Once Home to Florida’s Iconic ‘Annie the Dragon’ for $7 Million
A Florida property that is located on the southern tip of a peninsula that stretches into the Atlantic Ocean has hit the market for $7 million—decades after it became known as the home of a beloved 65-foot dragon sculpture fondly known as Annie. The aptly named Dragon Point sits at the tip of Merrit
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