Federal Reserve Chair Jerome Powell indicated in recent congressional testimony that interest rate hikes are now likely at the “peak for the current tightening cycle,” after signaling in November of last year that the Fed was close to the end of its war on inflation.For investors in the private-labe

Guaranteed Rate hired Bijoy John, former head of marketing at Newrez, as its vice president of marketing.John’s new tasks will include consumer direct marketing and the crafting of strategies for new products. His goal at Guaranteed Rate is to increase origination volume for the company while also h

Amid an elevated mortgage rate environment, consumers are reevaluating their priorities when it comes to purchasing real estate. According to a recent nationwide survey conducted by Coldwell Banker, the price of a home carries more weight in the decision-making process than its location. Price was t

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales, the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday. Several Fed districts reported