Mortgage rates fell 0.18% last week, breaking below the key threshold of 6.64%. Why is this important? Because in the last three years, when mortgage rates fell from 6.64% to 6%, housing demand has improved. Now the question is: can rates go lower? 10-year yield and mortgage rates In my 2025 forecast, I anticipated the […]
How much lower can mortgage rates go after Friday’s jobs report? Read More »
The Homebuyers Privacy Protection Act (H.R. 2808) passed through the U.S. Senate with unanimous consent and without amendments late Saturday. The legislation gained approval from the U.S. House of Representatives earlier in June. The legislation is designed to enact a national prohibition on the misuse of trigger leads. Under this act, companies are prohibited from
Trigger lead ban bill advances to Trump’s desk Read More »
The American dream of homeownership has been a way to build wealth for decades as people pay down their debt while their homes appreciate in value. The result is a nice home equity nest egg — especially for seniors who have owned homes for many years. But an outdated tax law could claw back much of
Outdated tax law could cost senior homeowners looking to sell Read More »