Mortgage rates, which surged to two-decade highs last week, have hurt housing affordability so much that a jump to 8% wouldn’t make things significantly worse, according to a Zillow economist.
NAFCU Senior Counsel for Research and Policy Andrew Morris wrote to the Federal Reserve Tuesday to reiterate the association’s support for its proposal to
In the master account lawsuit, the Fed says reserve banks aren't subject to administrative procedure law, and urges the court not to jeopardize the balance Congress has created with the Federal Reserve System.