Severe Weather/Climate Change Thread
- Thread starter easy_b
- Start date
This weather is crazy!!!
The mud slides is going to be intense
Man don’t even get me started
Man wtf... next Wed & Thurs
Grave warning from Fed chair: Jerome Powell says many areas in U.S will not be able to get mortgages, which are the regions? Are you planning to buy a home there?
Jerome Powell warned that climate change and natural disasters might make mortgages harder to obtain in certain US areas, causing insurance companies to retreat from high-risk ones. Even if interest rates decrease, affordability remains challenging with growing demand and limited supplies to provide housing.
Economic Times
Feb 13, 2025
m.economictimes.com
The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is "strong overall," with low unemployment and inflation that remains above the Fed's 2% target, Fed Chair Jerome Powell said.
Jerome Powell warned that climate change and natural disasters might make mortgages harder to obtain in certain US areas, causing insurance companies to retreat from high-risk ones. Even if interest rates decrease, affordability remains challenging with growing demand and limited supplies to provide housing.
Economic Times
Feb 13, 2025
Jerome Powell mortgage warning: Grave warning from Fed chair: Jerome Powell says many areas in U.S will not be able to get mortgages, which are the regions? Are you planning to buy a home there? - The Economic Times
Jerome Powell warned that climate change and natural disasters might make mortgages harder to obtain in certain US areas, causing insurance companies to retreat from high-risk ones. Even if interest rates decrease, affordability remains challenging with growing demand and limited supplies to...
The U.S. Federal Reserve is in no rush to cut its short-term interest rate again given an economy that is "strong overall," with low unemployment and inflation that remains above the Fed's 2% target, Fed Chair Jerome Powell said.