HousingWireHousingWire Federal Reserve Chair Jerome Powell has been tight-lipped about his interactions with President Donald Trump and the policies of the Trump administration. But that changed on Friday when Powell spoke publicly about the president’s global tariffs that were announced this week. At a conference in Arlington, Virginia, Powell warned…
Continue reading →HousingWireHousingWire Citing concerns about renovation needs, associated costs and even “ugliness,” the U.S. Department of Housing and Urban Development (HUD) is reportedly ramping up its discussions about relocating its headquarters in Washington, D.C., according to a recent report from Bloomberg. The Robert C. Weaver Federal Building has been home to…
Continue reading →HousingWireHousingWire This week has presented a unique set of challenges for the markets, with jobs week coinciding with tariffs week, leading to significant headline events that have driven mortgage rates lower even with positive labor data. We’ve observed a notable decline in both stocks and bond yields this week. Importantly,…
Continue reading →HousingWireHousingWire The new tariff policies announced by President Donald Trump on Wednesday shocked the world and sent financial markets into bear territory, but elected officials are scrambling to find workarounds. California Gov. Gavin Newsom is leading the way. The Democrat said Friday that he’s working on agreements with various countries…
Continue reading →HousingWireHousingWire Saluda Grade, an alternative investment firm with a focus on residential real estate finance, announced this week that it hired Jim Boothby as its head of global business development. Boothby has more than 25 years of experience in credit, business development and investor relations. He comes to Saluda Grade…
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