Powell signals September rate cut: ‘The time has come for policy to adjust’
Federal Reserve Chair Jerome Powell said on Friday that “the time has come for policy to adjust,” signaling a cut in the federal funds rate at the September meeting of the Federal Open Market Committee (FOMC) as expected by monetary policy watchers. “The direction of travel is clear, and the timing
Case-Shiller Index: San Diego Continues to Lead Nation in Annual Home Price Increase
A newly sold home in Encinitas. REUTERS/Mike Blake The authoritative Case-Shiller Index released Tuesday showed San Diego continuing to lead the nation in annual home price increase through April, though other large metro areas recorded bigger monthly gains. Local home prices were 10.3% higher in Ap
Now’s a Great Time To Sell Your House
Thinking about selling your house? If you are, you might be weighing factors like today’s mortgage rates and your own changing needs to figure out your next move.Here’s something else to consider. According to the latest Home Purchase Sentiment Index (HPSI) from Fannie Mae, the percent of respondent
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