Real Estate News 10/31/2025

Today’s News Synopsis:

In The News:

NAHB – “Senate Approves 3 Resolutions to Limit President’s Tariff Authority“ (10-30-25)

“The Senate has voted to approve three resolutions that would rescind President Trump’s authority to impose tariffs on foreign imports based on national security considerations.”

ScotsmanGuide – “Fed cuts rates amid shutdown, prioritizing jobs market over rising inflation” (10-29-2025)

“Miran and Schmid dissent in a sign of widening divisions among FOMC members”

CNBC – “Powell forced to stave off uprisings in markets and on his own Fed board as his term ends” (10-30-25)

“Fed Chair Jerome Powell will have to steer his way through a suddenly very contentious atmosphere among policymakers that will make whichever direction the Fed chooses divisive.”

Redfin News – “Mortgage Rates to Tick Up After Fed Signals That December Cut Isn’t Guaranteed“ (10-29-25)

“Mortgage rates will tick up after Fed Chair Powell sent a strong signal that a December rate cut—that markets have already priced in—is far from a foregone conclusion.”

Yahoo Finance – “US Pending Home Sales Stall as Labor Market Concerns Build” (10-29-2025)

“Pending sales of existing US homes stalled in September, suggesting anxiety about the job market kept potential buyers sidelined despite a welcome easing in mortgage rates.”