Mortgage Rates Slingshot Higher as Tariff Uncertainty Roils Markets April 8, 2025, 12:29 PM PDT — Mortgage rates surged Tuesday, climbing 25 basis points in the past 24 hours to an average of 6.85% for a 30-year fixed loan, erasing last week’s declines and signaling fresh volatility in the U.S. housing market. The spike, reported … Read more
Lisa Cook’s Lawsuit Against Trump Skirts Mortgage Fraud Allegation Federal Reserve Governor Lisa D. Cook, the first Black woman to serve on the Fed’s Board of Governors, is preparing to file a lawsuit challenging President Donald Trump’s August 25, 2025, attempt to remove her from her position, citing unproven allegations of mortgage fraud. The lawsuit, … Read more
Trump’s Tariff Push Sparks Inflation Warnings: Economists See Price Surge Ahead As former President Donald Trump steps up his attacks on Goldman Sachs CEO David Solomon, accusing him of downplaying the economic risks of global trade, a growing chorus of economists is warning that Trump’s proposed massive tariff hikes could trigger a new wave of … Read more
FHFA Decides Against Cutting Fannie Mae and Freddie Mac Loan Limits In a significant move for the U.S. housing market, the Federal Housing Finance Agency (FHFA) has announced that it will not reduce the loan limits for Fannie Mae and Freddie Mac, the two government-sponsored enterprises (GSEs) that play a critical role in mortgage financing. … Read more
By Emma Larson, Actual Property Analyst | Printed: July 17, 2025 In a turbulent U.S. housing market marked by excessive mortgage charges and low stock, discovering stability is vital for homebuyers and sellers. In keeping with CNBC’s 2025 America’s Prime States for Enterprise research, sure states stand out for his or her balanced housing markets, … Read more
In May 2025, U.S. retail sales fell by 0.9%, a steeper decline than the anticipated 0.6% drop, underscoring a cautious pullback in consumer spending amid mounting economic uncertainties. The Commerce Department’s report, released on June 17, 2025, highlighted a broad slowdown in discretionary purchases, marking the second consecutive monthly decline following April’s revised 0.1% decrease. … Read more
GM and Stellantis Shares Fall After Trump’s Auto Tariff Announcement Stock prices for General Motors (GM) and Stellantis take a significant dip following former President Trump’s recent proposal to impose tariffs on foreign-made vehicles, sparking concern among industry analysts and investors. Shares of General Motors (GM) and Stellantis plummeted in the wake of former President … Read more
Trump Cannot Deploy National Guard in California for Law Enforcement Without Legal Constraints: A Breakdown of Federal Authority President Donald Trump’s recent threats to expand National Guard deployments to cities like Chicago and Los Angeles have reignited debates over presidential power, particularly in states like California led by Democratic Governor Gavin Newsom. While Trump has … Read more
Federal Appeals Court Upholds $83.3 Million Defamation Judgment Against Trump in E. Jean Carroll Case September 8, 2025 — A federal appeals court in New York has upheld an $83.3 million defamation judgment against President Donald Trump in favor of writer E. Jean Carroll, rejecting his claims of presidential immunity and other arguments to overturn … Read more
Zepbound Copycats Persist Online Despite FDA Ban March 21, 2025 — Despite a recent ban by the U.S. Food and Drug Administration (FDA) on Zepbound, a weight loss medication linked to dangerous side effects, copies of the drug continue to surface online, raising concerns about consumer safety. The FDA’s action aimed to protect individuals from … Read more