May 2026

North Carolina House Democrats will take another shot at sweeping housing reform. Several cycles of defeat on similar legislation loom in their rearview mirror. Undaunted by a string of previously unsuccessful efforts and banking on a redoubled surge of political will to address housing affordability, lawmakers introduced House Bill 1056, titled “Relieving Housing Bottlenecks,” on […]

Mortgage rates spiked on Wednesday (yesterday) after reports suggested a prolonged blockade of the Strait of Hormuz. As has been the case for most of the past 2 months, interest rate movement was clearly correlated with oil prices. Now today, both are moving back in the other direction though not for reasons that are as