Economy
CPI inflation tamer than expected in May, bolstering calls for a Fed rate cut
May’s 2.4% inflation reading still shows few signs of tariff impacts
May’s 2.4% inflation reading still shows few signs of tariff impacts
The legislation aimed at curtailing spam calls to homebuyers moved closer to a floor vote
Rate-and-term refinances plunged 44.4% last month
Both conventional and government loan supply grew last month
The GOP-backed provision goes even further than legislation passed by the House
Labor market sentiment also improved after cratering in April: New York Fed
Despite that gloomy figure, homebuyer sentiment improved in May
Sen. Elizabeth Warren led calls for the FHFA director to explain how mortgage borrowers would be impacted
Companies and groups with noteworthy moves from May 19 to June 4 include Prosperity Now, NAR and Rate
The president said the move would act like ‘rocket fuel’ for economic growth
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