WASHINGTON — Federal Reserve Governor Lisa Cook rejected Donald Trump’s demand that she resign over mortgage fraud allegations, saying she will not be pressured to […]
Tag: interest rates
Black homeownership gains stall as rising costs and interest rates widen housing gap: Harvard study
For the first time in 30 years, rising home prices and interest rates have translated into a drop in existing home sales and worsening affordability […]
THE HUTCHINSON REPORT: Interest rate increase widens wealth gap
By Earl Ofari Hutchinson Contributing Columnist On July 27, the Federal Reserve governors raised interest rates. The ¾% interest rate hike was the biggest in […]