Jobs Friday came and went without much reaction in bond yields because the labor market isn’t breaking, nor is it getting stronger. Mortgage rates dropped into the 5s for a short time on Friday as a result of Trump’s earlier announcement directing the GSEs to buy $200 billion in mortgage backed securities. The 10-year yield […]
December jobs data continues to support lower mortgage rates Read More »
News that the proposed merger between Compass and Anywhere would close this week came as a surprise to many in the industry, especially those who were anticipating a robust antitrust review of the deal. Several news outlets are reporting that antitrust regulators were blocked from a deeper investigation into the deal by officials higher up in
WSJ: DOJ leadership halted antitrust review of Compass–Anywhere deal Read More »
President Donald Trump announced plans to ban large institutional investors from buying single-family homes earlier this week, arguing the move would ease competition for families and improve housing affordability. The proposal has reignited a long-running debate over the role Wall Street-backed landlords play in the housing market — and whether restricting them would meaningfully lower
Real estate leaders weigh in on potential ban on large investors Read More »