The housing market is starved for relief on mortgage rates, but hope for the Federal Reserve cutting interest rates just took a huge blow.The reading of the consumer price index (CPI) from the Bureau of Labor Statistics came in unexpectedly high, showing a 3% rise for the 12-month period ending in J

President Trump nominated Jonathan McKernan, who previously served as a board member of the FDIC and senior counsel of policy at FHFA, to be director of the CFPB on Tuesday, capping a chaotic week for the bureau. McKernan also has experience in the Senate, having served as senior financial policy ad

Rental listings have been a consistent high-growth revenue stream for Zillow since the onset of the COVID-19 pandemic in 2020. And the company has struck a deal that it believes can push that growth even higher.On its fourth-quarter 2024 earnings call on Tuesday evening, Zillow announced a partnersh

The Oregon state senate’s Committee on Housing Development held a hearing last week on a piece of proposed legislation that seeks to limit the amount of equity a reverse mortgage lender can receive after the sale or transfer of a property.Industry representatives contend that if enacted, the bill co