Key insight: The House on Tuesday passed a continuing resolution to fund the government at existing levels through mid-December, and President Donald Trump signed the bill on Wednesday. What’s at stake: The bill averts a government shutdown during the home stretch of the 2026 midterm elections, keeping important programs like crop insurance and development grants […]
Trump signs bill funding the government through December Read More »
Surging 10-year Treasury yields pushed mortgage rates deeper into high-six-percent territory this week — its highest point since the start of 2025 — effectively stalling refinance momentum while leaving purchase-market buyers to navigate a new high-rate environment. Processing Content The 30-year fixed-rate mortgage averaged 6.71% on Sept. 3, the Freddie Mac Primary Mortgage Market Survey
High sixes stall refi; target buyers adjusting to new normal Read More »
Rocket Mortgage is mounting its latest challenge against United Wholesale Mortgage’s controversial “All-In” policy with a new broker transition program and permanent base-pricing cuts, designed to recruit brokers away. Processing Content Rocket Pro, the lender’s wholesale channel, announced Tuesday the launch of a program, called Moving Squad, that will help brokers transition their business from
Rocket Pro to offer brokers support to flip from UWM Read More »