President Donald Trump on Wednesday abruptly canceled a planned signing ceremony for a bipartisan housing bill, saying he would withhold action on the measure until Congress passes the SAVE America Act, a sweeping election bill that has become a centerpiece of his second-term agenda. Trump was scheduled to sign the 21st Century ROAD to Housing Act on […]
Trump abruptly delays 21st Century ROAD to Housing bill signing Read More »
Zillow has notched what it is calling a legal win in the consolidated Real Estate Settlement Procedures Act (RESPA) lawsuit filed against it last September. On Tuesday, Seattle-based Federal Court Judge James Robert approved a motion filed in March by defendants The Real Brokerage and the Real-brokered The Frano Team to compel arbitration between the
Zillow RESPA lawsuit paused after judge orders arbitration Read More »
Rate momentum shifted noticeably on Wednesday. The underlying bond market saw heavy buying in pre-market trading–likely a result of large-scale quarter-end rebalancing among the largest money managers (i.e. adjusting balance of stocks vs bonds in investment portfolios). Excess demand for bonds = lower rates, all else equal. It also hasn’t hurt that oil prices continue
Mortgage Rates Quickly Approaching 1-Month Lows Read More »