Fed, Trump and Rate
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Money Talks News on MSNTrump's Fed Chair Hunt Could Reshape Your Mortgage and Savings RatesPresident Trump's search for a new Federal Reserve chair could drastically alter interest rates affecting mortgages and savings.
Trump is fed up with Powell, but experts say Americans seeking cheaper interest rates and lower prices shouldn’t be rooting for the Fed chair to be forced into an early exit.
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CNET on MSNMortgage Rates Likely to Creep Up as Trump Reignites Trade War: Today's Rates, July 8, 2025Another flurry of tariff announcements could spark volatility in the mortgage market leading up to the Fed's meeting later this month.
President Trump said Tuesday that the administration is exploring removing capital-gains taxes on home sales to spur the housing market amid high mortgage rates. That move would require an act of Congress and would benefit long-term homeowners and those in areas with rapidly growing property values.
Mortgage rates have dropped sharply since spiking in May on Trump tax bill news. We break down the decline—and what it means for today’s homebuyers and their budgets.