interest rates
A 50-year mortgage won’t make homes affordable
Last week, Director of the Federal Housing Finance Administration Bill Pulte revealed a plan to offer 50-year mortgages to the public. The 30-year fixed-rate mortgage, created in the 1930s, helped generations to slowly build…
Bank of Canada governor warns citizens to anticipate lower standard of living
Fri Oct 31, 2025 - 8:25 pm EDT OTTAWA (LifeSiteNews) – Bank of Canada Governor Tiff Macklem gave a grim assessment of the state of the economy, essentially telling Canadians that they should accept a “lower” standard of…
A divided Federal Reserve cuts interest rates by a quarter of a point
Dissent at the Fed meeting: For the second time this year, the Federal Reserve Board cut interest rates by a quarter point—the lowest level in three years. "This remains a very divided Fed, as evidenced by the fact that…
Trump is filling the Federal Reserve with loyalists
Council of Economics Chair Stephen Miran was confirmed as a Federal Reserve governor just before September's Federal Open Market Committee meeting. The impact was immediate—and troubling. Miran dissented in favor of a…
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