Inventory
info icon
Single family homes on the market. Updated weekly.Powered by Altos Research
667,466-14,684
30-yr Fixed Rate30-yr Fixed
info icon
30-Yr. Fixed Conforming. Updated hourly during market hours.
6.91%0.02
Mortgage

Chicago Fed President: Shutdown to cause tapering delay

According to CNBC, Chicago Fed President Charles Evans told an audience that Fed tapering might not happen for months since the government shutdown left the economic picture much less clear.

Federal Reserve policymakers are scheduled to hold their October meeting next week to consider when to scale back their $85-billion-a-month asset purchases.

"October is a tough one. December? I think we need a couple of good labor reports and evidence of increasing growth, GDP growth. It's probably going to take a few months to sort that out."

Most Popular Articles

Latest Articles

loanDepot’s Frank Martell on building lifelong consumer relationships through technology 

In this week’s episode of the Power House podcast, HousingWire President Diego Sanchez sits down for a tantalizing conversation with Frank Martell, the president and CEO of loanDepot, to discuss the company’s profitability in the third quarter of 2024 and its Project North Star growth plan for 2025.

3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please