President Donald Trump said Democrats must drop their demands for renewing health care subsidies and ending Medicaid cuts before he’ll agree to negotiate with congressional leaders at a meeting they planned for Thursday, ratcheting up the risk of an Oct. 1 government shutdown. “After reviewing the details of the unserious and ridiculous demands being made […]
Trump upends shutdown talks with Democrats as deadline nears Read More »
The Federal Housing Finance Agency (FHFA) issued a proposed rule to repeal its Fair Lending, Fair Housing and Equitable Housing Finance Plan requirements — regulations it finalized barely a year ago — and is inviting the public to comment on this proposal until Sept. 26. It is one of the agency’s swiftest reversals of a
FHFA’s fair lending reversal risks housing market stability Read More »
Fannie Mae made downward revisions to mortgage rate forecasts in its latest monthly economic update with projections for higher volumes than previously anticipated next year. The government-sponsored enterprise revised the average 30-year fixed-rate mortgage projection for fourth-quarter 2025 to 6.4% from 6.5%, and the one for the same loan type a year further out to
Where Fannie Mae anticipates rates will head next Read More »