Today’s News Synopsis:
Federal Reserve Chair Jerome Powell expressed concern in a speech Wednesday that the central bank could find itself in a dilemma between controlling inflation and supporting economic growth.
In The News:
CNBC – “Powell indicates tariffs could pose a challenge for the Fed between controlling inflation and boosting growth” (04-16-25)
“Powell gave no indication on where he sees interest rates headed, but noted that, “For the time being, we are well positioned to wait for greater clarity before considering any adjustments to our policy stance.”“
USA Today – “As real estate listings become more private, Zillow fights back” (04-14-2025)
“Some industry participants call this the policy that the National Association of Realtors should have put out.”
Bankrate – “Bankrate’s 2025 Home Affordability Report” (04-16-25)
“Even as buying a home moves further out of reach for many Americans, its appeal grows, with fully 82 percent of Americans saying owning a home is part of the American Dream, according to Bankrate’s 2025 Home Affordability Survey. That’s up from 78 percent in 2024.”
Mortgage Point – “Majority of U.S. Homes Lack Flood Insurance Despite Rising Risk” (04-15-25)
“Flooding is the most common and costly natural disaster in the U.S., yet 96.7% of homes lack flood insurance, according to a report by ValuePenguin.”
Redfin – “Here Are the 10 Most Expensive Home Sales of March” (04-15-25)
“Half of last month’s most expensive home sales were in beachfront Florida, but an Oahu compound took the number-one spot. ”
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