Fulfilling expectations of a “hawkish cut,” the central bank’s Federal Open Market Committee lowered its key overnight borrowing rate by a quarter percentage point, putting it in a range between 3.5%-3.75%. However, the move carried caution flags about where policy is headed from here and featured “no” votes from three members, which hasn’t happened since September 2019. The 9-3 vote again featured hawkish and dovish dissents – Governor Stephen Miran favored a steeper half-po

Mortgage rates held steady Thursday after dropping to a 10-month low the week before, reflecting the bond markets’ growing confidence...

Baby boomers again dominated home sales, accounting for 53% of all sellers. Across all generations, sellers stayed in their homes for a...