Mortgage rates are driven by the bond market. Although bonds only experienced moderate, steady weakness throughout the day, mortgage rates lurched higher by an amount typically seen when the market is reacting to big, breaking news. But there wasn’t any of that sort of news on tap today–just downbeat updates that reinforced a longer timeline […]
Mortgage Rates Spike to 2026 Highs Read More »
Florida-based real estate firm MV Realty sees a potential new legal challenge even after settling another of the numerous lawsuits that accuse it of predatory entrapment in regards to its controversial homeowner benefit agreement program. Processing Content Massachusetts Attorney General Andrea Joy Campbell announced her office reached an agreement with the firm, issuing a $2.25
MV Realty settles NTRAP suit, but more legal woes loom Read More »
The Senate this morning passed a version of the 21st Century ROAD to Housing Act, earning generally positive reviews from the mortgage industry, though some trade groups raised concerns about what the bill includes and what needs to be changed. Processing Content Passage of the bill was overwhelming with 89 votes in favor to just
Mortgage groups split after Senate passes housing bill Read More »