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Wall Street Journal: Biden's Migration Spikes Interest, Mortgage Rates

By: Neil Munro Β·Β Neil Munro β€” May 12th 2024 at 18:42

President Joe Biden's policy of mass migration is forcing up housing inflation, so pushing up interest and mortgage rates, according to a report in the Wall Street Journal.

The post Wall Street Journal: Biden’s Migration Spikes Interest, Mortgage Rates appeared first on Breitbart.

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Fed President: Migration Boosts Mortgage Rates

By: Neil Munro Β·Β Neil Munro β€” May 7th 2024 at 20:37

President Joe Biden's migration crisis raises the mortgage rates that burden young couples and families, according to theΒ president of the Federal Reserve Bank of Minneapolis.

The post Fed President: Migration Boosts Mortgage Rates appeared first on Breitbart.

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Breitbart Business Digest: The Housing Market Shows Interest Rates Are Too Low

By: John Carney Β·Β John Carney β€” May 7th 2024 at 16:50

If you can slow down the housing market, you can probably slow down the economy and reduce inflation.

The post Breitbart Business Digest: The Housing Market Shows Interest Rates Are Too Low appeared first on Breitbart.

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Fed President Kashkari Warns Rates Might Not Be High Enough

By: John Carney Β·Β John Carney β€” May 7th 2024 at 10:47

The strength of the housing market suggests that a lack of housing supply, high levels of immigration, and increased demand from remote work may mean interest rates need to go higher to reduce inflation.

The post Fed President Kashkari Warns Rates Might Not Be High Enough appeared first on Breitbart.

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