Key takeaway: Although the guidance does not carry the force of law, onlookers say it could prompt some lenders to scale back lending to borrowers using individual taxpayer identification numbers, or ITINs, due to compliance and regulatory concerns. Expert quote: “I have not seen anyone shift away from the product, but I think it’s only […]

Mortgage rates quickly erased a week of progress this afternoon following the Fed announcement and press conference. Fed announcement day historically has several components: the announcement itself, the summary of economic projections (SEP), and the press conference.  Within the SEP, there is the dot plot showing each Fed member’s assumptions about where the Fed Funds

The housing market continues to balance out, as home prices grew modestly, inventory increased and home sales exceeded expectations in May, a new industry report found. Processing Content The national median home sale price hit $395,000 last month, a 1.8% rise from May 2025, according to Homes.com’s latest monthly housing market report. Active listings also