In the bigger picture, the past two and a half weeks have been marked by a very narrow range in the bond market. Because bonds dictate mortgage rates, the latter have also been in a narrow range with average top tier 30yr fixed rates of 6.15-6.20%. Yesterday’s employment-related data helped bonds improve. Many lenders made […]
Mortgage Rates Match Lowest Levels in Over 2 Weeks Read More »
As the House prepares to vote next week on the Housing for the 21st Century Act, mortgage industry groups are lining up in support of a bill that bundles a wide range of changes to housing finance, federal oversight and development policy. Processing Content The Mortgage Bankers Association on Friday urged lawmakers to pass the
MBA, lenders rally behind Housing for 21st Century Act Read More »
Trump administration officials are exploring opening an antitrust investigation into US homebuilders as the White House sharpens its focus on tackling the country’s housing affordability crisis. Processing Content The Department of Justice could open the probe in the coming weeks, according to people familiar with the discussions. No decision has been made and the administration
White House explores opening antitrust probe on homebuilders Read More »