by Alterna Mortgage | Jul 9, 2025 | Financing, Home Buying, Housing Market, Interest rates, Real Estate, Refinancing
Chairman Powell decided to keep rates at their current range of 4.25% to 4.5%, citing uncertainty over the impact of tariffs on inflation. There’s been significant debate over the Fed’s interest rate policy this year, mainly because of tariffs. Most...
by Alterna Mortgage | Jul 1, 2025 | Financing, Home Buying, Inflation, Interest rates
Federal Reserve Chairman Jerome Powell stated that interest rate cuts were on hold due to tariff effects, despite pressure from the Trump administration. At a European Central Bank forum, Powell said, “I think that’s right,” when asked if tariffs delayed cuts,...
by Alterna Mortgage | Jun 29, 2025 | Financing, Home Buying, Housing Market, Interest rates
A surprise drop of 33,000 private-sector jobs in June—the first decline since March 2023—may influence the Federal Reserve’s timing on rate cuts. Although September remains the most likely month for a cut, odds for July rose to nearly 25% after markets reacted to the...
by Alterna Mortgage | May 7, 2025 | Financing, Interest rates
Fed Chair Jerome Powell left its key interest rate unchanged again Wednesday May 7th and gave no hint of plans to lower the interest rate anytime soon, as tariffs raise the risks of either another inflation spike or recession. The central bank lowered the rate by a...
by Alterna Mortgage | May 2, 2025 | Financing, Interest rates
Expectations for a flurry of Federal Reserve interest rate cuts this year spiked as financial markets reeled in the wake of President Trump’s wave of global tariffs. The central bank is now expected by money markets to slash its key rate by 100 basis points before the...
by Alterna Mortgage | Apr 30, 2025 | Financing, Interest rates
The agency, which has returned $21 billion to consumers since its inception, could lose 1,500 of its 1,700 employees, a union warned. The full scope of the cuts was not immediately clear, but by late afternoon, hundreds of workers across all of the agency’s major...
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