With indicators showing the U.S. economy is heating up based on employment and inflation reports, mortgage rates moved 4 basis points higher this week. Processing Content Zillow’s data showed mortgage rates resuming their climb as well. “Together, the data reinforce a ‘higher-for-longer’ view: markets have largely abandoned hopes for rate cuts this year, Treasury yields […]
Mortgage rates resume rise on jobs, inflation data Read More »
Key insight: Democrats say Trump has abandoned the long-standing practice of nominating minority-party regulators. Supporting data: Vacancies remain at the Federal Deposit Insurance Corp., Securities and Exchange Commission, National Credit Union Administration and the Export-Import Bank, and no Democrats currently serve in leadership roles at Senate Banking Committee-overseen agencies. Forward look: Lawmakers requested a response
Senate Dems press White House to fill vacancies on FDIC, NCUA Read More »
The Mortgage Bankers Association nominated Jeff Weidell, CEO of Northmarq, as its vice chairman for 2027. Processing Content Weidell will be installed as vice chairman at the MBA’s 113th Annual Convention and Expo in Chicago in October. After serving a year in the role, Weidell is expected to be chairman-elect during the 2028 membership year
Mortgage Bankers Association nominates 2027 vice chairman Read More »