What a Fed rate hike, future cuts could mean for the housing market

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Homebuyers struggle to juggle elevated mortgage rates and overall housing availability amid the backdrop of the Fed's rate pause decision. Yahoo Finance Housing Reporter Dani Romero details the Fed's monetary policy role in providing relief to the U.S. housing market. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Discover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023.Just a little more than half of people across Canada say they'll leave money to the next generation, Canadian Western Bank saysTORONTO — Weakness in energy and mining stocks outweighed strength elsewhere on Canada's main stock index Wednesday, which lost just a handful of points, while U.S. markets fell near the end of the day after the U.S.

Federal Reserve chose to hold on interest rates. Fed chair Jerome Powell said at a news conference Wednesday afternoon that he thinks the end is near for rate hikes, but the job on getting inflation down is not done. “The process of getting inflation sustainably down to two per centUse the tax-sheltered status of the TFSA to hold quality dividend stocks such as Enbridge and create a stable income stream.

 

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