When mortgage rates dipped to 6%, experts anticipated a big year for homebuyers who had been sitting on the sidelines. But then came the war in Iran, which drove rates back up.
The Treasury Department is holding several government bond auctions this week. Those auctions often provide a clue as to what investors expect the economy to do in the future.
Energy prices are likely going to be a big focus at the Federal Reserve’s Open Market Committee meeting next week. That's because rising energy costs could push up inflation overall — or, they could slow economic growth.
President Trump is rolling out plans to tackle housing affordability. Along with a series of policy proposals, he continues to pressure the Federal Reserve to cut interest rates.