When the Iran war was in its initial escalation phase, the initial surge in markets took the top-tier 30yr fixed rate to 6.64% for the average lender by March 27th. Rates moved more than 0.30% lower by mid April as peace prospect improved. The third phase of rate movement began in late April and has […]
Mortgage Rates Match Highest Level Since March Read More »
The creation of new homes, and for whom they are being built for, is a hot button topic in Washington today. Processing Content On Monday night, in a social media post, President Trump called on the House of Representatives to pass the Senate version of a housing bill which impacts institutional investors’ ability to purchase
Funding to build or buy SFR hits market as debate rages Read More »
Key insight: In research published Tuesday, the New York Fed explored the question of how the end of pandemic-era forbearance on student loans may negatively affect other consumer-lending segments. Supporting data: Of the borrowers who defaulted on their student loans in the first quarter of this year, 40% were also delinquent on auto loans, and
Late student-loan payments are rising. Is a domino effect coming? Read More »