Today’s top tier 30yr fixed rate was 6.54% for the average lender. You’d have to go back to May 14th’s reading of 6.52% to see anything lower. The latest improvement follows another moderate drop in oil prices and bond yields as global markets digest the U.S./Iran peace deal. There’s still some risk that the deal […]

Leaders in the US House and Senate announced a deal Tuesday on a sweeping housing bill, ending a months-long standoff between the chambers over competing versions of the measure.  Processing Content The deal brings the largest housing legislation in a generation one step closer to becoming law – and handing both parties and President Donald Trump a

Key insight: Federal Reserve Chair Kevin Warsh is expected to chart a new course for monetary policy communication following his first Federal Open Market Committee meeting at the helm of the central bank. Expert quote: “Truth-seeking is more important than repetition. If one has a press conference, one wants to deliver some important news.” —