Home sales transactions were cancelled at a near-record rate in April, another likely side effect of uncertainty enhanced by President Trump’s tariff announcement earlier in the month, Redfin said. Approximately 56,000 signed purchase agreements were withdrawn during the month, which equates to a 14.3% rate. This is up from 13.5% one year ago and is […]
Home sales cancelled at near-record pace in April Read More »
President Trump’s stated interest in exploring a public offering of Fannie Mae and Freddie Mac’s shares had led to some shifts in how their stock and mortgage-backed securities traded at deadline on Thursday, but not to the degree a commitment to a conservatorship exit would have. Barclays reported that shares of the larger of the
Trump mulling exit nudges GSE stocks higher, MBS wider Read More »
Real estate trade groups are applauding the progression of President Trump’s “big, beautiful bill” that could deliver, and sustain, numerous tax benefits for real estate players. The U.S. House of Representatives early Thursday morning narrowly passed the Republican-led bill, which now faces a likely arduous journey in the Senate. While lawmakers fretted over spending cuts
What’s in the ‘big, beautiful’ Trump tax bill for lenders? Read More »