“There are hundreds of thousands more home sellers in the market than buyers because buyers have been spooked by high mortgage rates, high prices and economic uncertainty,” Redfin said.
"Record To-Be-Announced activity [in March] was primarily driven by a spike in rate volatility amid heightened macro uncertainty and broader market volatility," Tradeweb said.
The conservative-majority justices appeared critical of the arguments from Trump’s Solicitor General D. John Sauer and expressed concern that Trump’s move could “shatter” the Fed’s independence.