Mortgage Rates Soar to 6.91%, Intensifying Challenges for Homebuyers
Jan 3, 2025
Mortgage rates have climbed again, creating additional challenges for potential homebuyers. The average rate for a 30-year fixed mortgage recently reached 6.91%, the highest in nearly six months, up from 6.85%. The rise in mortgage rates occurred despite the Federal Reserve’s multiple interest
Jerome Powell’s Leadership: Navigating Inflation and New Economic Challenges
Dec 23, 2024
Federal Reserve Chair Jerome Powell has skillfully navigated the U.S. economy through crises like the pandemic and record-high inflation. While inflation has dropped near the Fed’s 2% target, challenges loom large, with President-elect Donald Trump’s policies threatening to push prices back up. Inflation