Mortgage rates were surprisingly steady on Tuesday with most lenders roughly in line with Monday’s levels. Why surprising? Because the bond market was noticeably weaker and bonds dictate day to day mortgage rate movement. In Tuesday’s case, we can actually reconcile the steadiness with the timing of bond market movement. Specifically, bonds didn’t lose ground […]
Can The Fed Pull Mortgage Rates Off The Ceiling? Read More »
Bloomberg News Key Insight: The Justice Department told a federal court that an existing preliminary injunction does not require the acting director to request funding. What’s at Stake: Acting CFPB Director Vought has said the agency will run out of money in early 2026 and all employees will be furloughed, placed on mandatory, unpaid leave.
DOJ says CFPB’s preliminary injunction cannot be modified Read More »
Shared-appreciation contract provider Hometap announced a new capital raise this week, which comes at the end of a year when several tailwinds helped fuel growth for equity investment products and loans. The Boston-based home equity investment platform this week secured $50 million in new funding led by affiliates of Gallatin Point Capital. The company plans
Hometap’s new funding caps a big year for HEI growth Read More »