A lawyer for Lisa Cook raised “significant concerns” over the “objectivity and fitness of the committee” assembled by President Trump as a way to remove her as a governor at the Federal Reserve.
Category: Mortgages
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Lawyer for Fed Governor Cook Denounces Trump’s New Investigation
The New York Times – Business: -
Lawyer for Fed Governor Cook Denounces Trump’s New Investigation
The New York Times – Business:A lawyer for Lisa Cook raised “significant concerns” over the “objectivity and fitness of the committee” assembled by President Trump as a way to remove her as a governor at the Federal Reserve.
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Trump Announces White House Inquiry Into Fed Governor Lisa Cook
The New York Times – Business:President Trump said the White House would investigate unsubstantiated claims that Lisa D. Cook committed mortgage fraud and hold a hearing next month.
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Highest Mortgage Rates in 3 Years Chills the Housing Market
The New York Times – Business:The average 30-year fixed-rate mortgage rose to 7.4 percent, putting more pressure on Americans struggling to afford to buy a home.
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As Mortgage Rates Hit Highest Level Since 2023, Buyers Look at ARMs
The New York Times – Business:The average 30-year, fixed-rate home loan rose to 7.28 percent, up from 6.34 percent a year ago. More buyers are now turning to adjustable-rate mortgages.
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Could Homeownership Reverse the Decline in Birthrates?
The New York Times – Business:Researchers looked back at the baby-boom era and found that federal mortgage programs played a part in the country’s population upswing after World War II.
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Rising Interest Rates Are Causing Alarm. Here’s What to Know.
The New York Times – Business:History shows that the markets and the economy flourished when rates were even higher than today’s. But, our columnist notes, those times didn’t last.
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Mortgage Rates Hit 7% as Iran War Crushes a Weak Housing Market
The New York Times – Business:The average rate on a 30-year mortgage in the United States jumped to 7.03 percent, putting pressure on housing affordability.
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Bessent Takes on the Bond Vigilantes
The New York Times – Business:As a rout in the bond market deepens, the pressure grows on Treasury Secretary Scott Bessent to restore calm.
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The Pros and Cons of Paying Off Your Mortgage Early
The New York Times – Business:Homeowners who make extra payments can save thousands of dollars in interest. But, financial experts say, paying down other debt, with higher interest rates, may be a better option.
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Mortgage Rates Climb to Highest Level Since July 2025
The New York Times – Business:Higher costs for home loans have put a squeeze on the housing market, adding pressure to consumers already struggling with elevated inflation.
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A Mortgage Servicer Sent a Letter About an Address Change. Was It Deed Theft?
The New York Times – Business:A letter arrived in the mail from PNC Bank about an address change on a mortgage account. Was a deed theft scheme in process?