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This news site is known for its high journalistic standards. It strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. It has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.

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Recent Articles

  • FOMC Meeting and CPI Report in June: Crucial Decisions Ahead for Interest Rates and Mortgage Markets

    FOMC Meeting and CPI Report in June: Crucial Decisions Ahead for Interest Rates and Mortgage Markets

    Broke On: Monday, 03 June 2024 The upcoming FOMC meeting and CPI report on June 12 will determine interest rate decisions and their impact on mortgage rates, with the Federal Reserve having increased its benchmark federal funds rate eleven times since late 2022. The housing market faces challenges due to high mortgage rates and rising home prices, with the median monthly payment at $2,256 - a 7% increase from last year.