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Jerome Powell · United StatesTreasury Secretary Scott Bessent said Wednesday that short-term interest rates should be between 1.5 percentage points and 1.75 percentage points lower than their current level, keeping up the Trump administration’s pressure campaign on the Federal Reserve. Bessent called for a half-point reduction in September at the next meeting of the Fed’s interest rate-setting committee, starting a series of cuts that would lower rates substantially below t…See the Story
Bessent Calls for Steep Interest Rate Cuts
50% Right coverage: 10 sources
Warren Buffett · United StatesYou may have heard that Warren Buffett’s Berkshire Hathaway bought shares in a pair of home builders last quarter. The company released its latest 13-F yesterday, revealing the buys during the second (and first) quarter. This has led to a lot of speculation about why they’d be buying stock in home builders, which have struggled… Read More »Buffett Bought Home Builders Again. Is It a Play on Lower Mortgage Rates? The post Buffett Bought Home Buil…Read Article
Buffett Bought Home Builders Again. Is It a Play on Lower Mortgage Rates? - The Truth About Mortgage
United States · United StatesToday we’ll take a look at the top USDA lenders by loan volume in 2024. In case you need a refresher, USDA loans are reserved for properties located in rural parts of the United States. They are one of the four major home loan types, which includes conventional loans, FHA loans, and VA loans. The… Read More »Top USDA Lenders in 2024: UWM Beat Out DHI Mortgage for the #1 Spot The post Top USDA Lenders in 2024: UWM Beat Out DHI Mortgage for the #1…Read Article
