It happens, but it’s rare. A Fed “dot plot” day has come and gone with mortgage rates almost perfectly unchanged from the previous day. This speaks to the level of indecision not only in the market, but also among Fed members. First off, what’s a “dot plot day?” The dot plot (or simply, “the dots”) […]
Remarkable Absence of Mortgage Rate Volatility Read More »
Provisions restoring the mortgage insurance premium deduction are included in the Senate reconciliation bill, the latest path for its supporters to bring it back to the Tax Code. It is one of several real estate and housing provisions up for debate, including one that addresses low income housing tax credits. The MI deduction first was
Senate reconciliation proposals would help, hurt housing Read More »
Department of Housing and Urban Development Secretary Scott Turner reiterated his focus on increasing housing supply and streamlining operations at the federal agency. “Making housing more affordable and increasing the supply of housing in our country…is a top priority of mine,” Turner said at a luncheon hosted by the Exchequer Club and Women in Housing
HUD Secretary Turner says manufactured housing key to supply Read More »