A growing property insurance crisis may make it hard to get a mortgage in parts of the country in the coming decades, Federal Reserve Chairman Jerome Powell said Tuesday in testimony before Congress.
Follow all the latest U.S. market action for Tuesday here as investors get ready for testimony from Fed Chair Jerome Powell, ...
Analysts revised their expectations for 2025 and 2026 to include higher mortgage rates, delivering bad news to aspiring ...
Shares of housing giants Freddie Mac and Fannie Mae were on pace for a second day of gains as Federal Reserve Chair Jerome Powell pointed to the importance of 30-year fixed-rate guaranteed mortgages ...
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