Mortgage rates trickled modestly lower again today for the 4th straight business day on Monday. The average top-tier 30yr fixed rate is the lowest it’s been since January 16th. The only catch is that it was quite a bit lower 2 weeks ago. Compared to today’s mark of 6.17% on MND’s daily rate index, mid-January […]
Lowest Mortgage Rates in Just Over a Week Read More »
(Bloomberg) — Treasuries rose after robust demand for an auction of two-year notes showed that expectations for Federal Reserve interest-rate cuts later this year remain a powerful inducement for buyers of US government debt. Processing Content The advance pushed yields lower across tenors, with rates on long-dated bonds closing at their lowest level in more
Treasuries extend gains after strong two-year note auction Read More »
The Department of Housing and Urban Development is ordering citizenship checks for tenants in HUD-funded housing, part of its work with the Department of Homeland Security. Processing Content Friday’s announcement follows an audit in which the departments found almost 6,000 ineligible non-American tenants in the units, among nearly 200,000 tenants requiring eligibility verification. Another 25,000
HUD orders citizenship checks for tenants in funded housing Read More »