A lumber trade group is taking issue with the National Association of Home Builders’ stance against President Trump’s proposed tariffs on Canadian wood products. Following comments made on Fox Business earlier this week by NAHB CEO Jim Tobin, the U.S. Lumber Coalition called out the homebuilders’ association, which has publicly spoken out against several of […]
Tensions rise between trade groups over lumber tariffs Read More »
Five U.S. Senators have called into question the lack of federal antitrust oversight of Rocket Companies’ proposed acquisitions of Redfin and servicing powerhouse Mr. Cooper. Lawmakers, including Sens. Elizabeth Warren, D-Mass, and Cory Booker, D-N.J.,sent a letter to the Justice Department’s Antitrust Division and the Federal Trade Commission demanding to know why the agencies did
Senators scrutinize Rocket’s Redfin, Mr. Cooper deals Read More »
Today marked a significant development in the ongoing dialogue between President Trump and Elon Musk, as their relationship appears to have reached a critical point of conflict. The question for those in housing is: How could this impact mortgage rates moving forward? The 10-year yield saw a slight increase earlier as it reacted to the
How the Trump/Musk dispute could influence mortgage rates Read More »