Curated Video
Senators: Trump aid package could approach $1T
Congressional leaders are vowing swift action on legislation to deal with the staggering health and financial aspects of the coronavirus outbreak in the United States.
Curated Video
Senators: Trump aid package could approach $1T
Congressional leaders are vowing swift action on legislation to deal with the staggering health and financial aspects of the coronavirus outbreak in the United States.
Curated Video
Trump: Fed slashing rates 'good news' for country
The Federal Reserve took emergency action Sunday to help the economy withstand the coronavirus by slashing its benchmark interest rate to near zero and saying it would buy $700 billion in Treasury and mortgage bonds.
Bloomberg
China Weighs Mortgage Grace Period to Appease Angry Homebuyers
China may allow homeowners a grace period of mortgage payments for stalled property projects without incurring penalties, according to people familiar with the matter. John Liu reports on Bloomberg Television.
Bloomberg
Benign Inflation Sets China Apart From Other Major Economies: BNP
Zhikai Chen, head of Asian equities at BNP Paribas Asset Management, discusses the outlook for the region's markets, China's economy and the debt woes in the country's real estate market. He speaks with Shery Ahn and Haidi Stroud-Watts...
Bloomberg
Housing Boom Has 'Left the Building': Brown Harris CEO
Brown Harris Stevens CEO Bess Freedman sees the housing market normalizing after the "irrational exuberance" of the pandemic-related housing boom. Speaking on on "Bloomberg Markets," Freedman also comments on how rising interest rates...
Bloomberg
China Seeks to Stabilize Property With Loans, Lower Rates
China's central bank says major financial institutions, especially state banks, should ensure reasonable financing needs of the property sector, and increase financial support to the platform economy, Stephen Engle reports on Bloomberg...
Bloomberg
Housing Taking a Big Step Back, Realtor.com's Hale Says
Realtor.com Chief Economist Danielle Hale says there's been a bit of a slowdown in home prices and mortgage rates are likely to increase. She speaks with David Westin on "Balance of Power."
Bloomberg
China Banks See Slower Profit Growth
China's big banks are reporting slower growth after being roped in by Beijing to help stave off a deeper economic slump in the world's second-largest economy. Francis Chan discusses the earnings on Bloomberg Television.
Bloomberg
US Mortgage Rates Drop Below 7%
US mortgage rates fell last week by the most since the end of July, slipping below 7% and helping generate a bounce in purchase applications that otherwise remain depressed. Mark Zandi of Moody's says this doesn't necessarily mean homes...
Bloomberg
China Plans Sweeping Rescue Policies for Property Market
China has unveiled a sweeping rescue package to salvage its real estate market. The government issued its most extensive 16-point rescue package for the struggling property market, according to people familiar with the matter. Charlie...
Press Association
Rachel Reeves and Lisa Nandy speak at mortgage market roundtable
Shadow Chancellor, Rachel Reeves, and Shadow Secretary of State for Levelling Up, Lisa Nandy, delivered their opening remarks a Mortgage Market Roundtable discussion at Drummonds in central London. The pair raised the increase in...
Bloomberg
Bailey Says BOE 'Very Conscious' of Surging Mortgage Costs' Impact
Bank of England Governor Andrew Bailey says the central bank is "very conscious" of the impact of an increase in mortgage payments that 4 million UK households that face next year. "There is nothing easy about the situation we're in at...
Bloomberg
Pent-Up Demand to Spur Housing Recovery in '24: NAHB CEO
National Association of Homebuilders CEO Gerald Howard discusses the outlook for the US housing market with Tom Keene and Lisa Abramowicz on "Bloomberg Surveillance."
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Bloomberg
Housing Starts to Fall Another 9%: MBA Chief Economist
Mortgage Bankers Association Chief Economist Michael Fratantoni discusses the outlook for US housing in 2023 with Kailey Leinz and Sonali Basak on "Bloomberg Markets: The Close." Residential housing starts decreased 0.5% last month to a...
Bloomberg
Big Banks Are Lending Less to Black Homeowners
In the Bloomberg Big Take - Katherine Doherty reports on the lack of lending by big banks to Black home buyers.
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more:...
Bloomberg
Housing Starts Drop, Mortgage Rates Climb
Mortgage rates hit 6.32% and US housing starts dropped for the fifth straight month. But John Lovallo of UBS Securities says consumers are back out there looking at houses and are excited about the Spring home buying season.
Follow...
Bloomberg
NatWest Reported a Good Set of Results, CEO Rose Says
NatWest Group Plc Chief Executive Officer Alison Rose discusses the bank's financial results and strategy. Britain's biggest corporate lender said it will start a fresh share buyback after weathering a rocky few months for the British...
Bloomberg
Realtor.com's Hale Sees Signs Housing May Be Stabilizing
Realtor.com Chief Economist Danielle Hale says there are signs the US housing market may be stabilizing during an interview with Romaine Bostick and Katie Greifeld on "Bloomberg Markets: The Close."
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Bloomberg
Powell Says Fed 'Passively' Shrinking $8.4 Trillion Balance Sheet
Federal Reserve Chair Jerome Powell says the central bank in the process of "passively" shrinking it's $8.4 Trillion balance sheet, an operation that he expects to take a "couple of years" during a question-and-answer session with David...
Bloomberg
JPMorgan Cuts Hundreds More Mortgage Workers
JPMorgan Chase & Co. has cut hundreds of mortgage employees, adding to job losses across the industry as home-lending businesses are hurt by higher interest rates. Bloomberg Intelligence's Alison Williams shares her views on Bloomberg...
Bloomberg
RBA Raises Key Rate to 10-Year High
Australia's central bank raised interest rates by a quarter-percentage point to 3.35% and reiterated its resolve to cool the hottest inflation in three decades. Kathleen Hays reports on Bloomberg Television.
Bloomberg
Strong U.S. Mortgage Market Defies Interest Rates
Jan.25 -- Mortgage applications rose four percent last week as homebuyers ignore rising interest rates in the pursuit of owning a home. Bloomberg's Matt Boesler reports on "Bloomberg Daybreak: Americas."
Curated Video
Bernanke with Bear Sterns and JP Morgan chiefs testify before Senate Banking Committee
Washington, DC - 3 April 2008
1. Federal Reserve Chairman Ben Bernanke walks into Senate hearing
2. Cutaway of Senate Banking Committee
3. SOUNDBITE: (English) Ben Bernanke, Federal Reserve Chairman:
"Our financial system is extremely...