Why have mortgage rates barely budged despite three Fed cuts?
Fed policymakers won’t meet again until late January. While a fourth straight cut is in play, Chair Jerome…
GAO urges FHFA to clarify fair lending rules for AI
“GAO recommends that FHFA provide written direction to the enterprises clarifying how they are to comply with fair…
Redfin defends climate risk transparency after Zillow removes data
“In 2020, we ran a massive experiment with 17.5 million users. We displayed flood risk data provided by…
Zillow removes climate risk data from listings after MLS concerns
“The display of a probability of a specific home flooding this year, or in the next five years,…
Mortgage rates steady near 6.4%
Meanwhile, rates for 30-year jumbo loans and 30-year loans backed by the Federal Housing Administration (FHA) — both…
Former economic leaders Cohn and Summers warn on U.S. fiscal path
On a panel Monday, Summers, a former U.S. Treasury secretary, said the U.S. economy remains “remarkably resilient” and…
How can mortgage rates get to 5.75% by the end of the year?
Bond traders on Friday were less fearful of the Zions Bank $50 million loan default and sent yields…
Lawmakers press FHFA on crypto for mortgages
Senate Democrats press FHFA on crypto use in mortgages Five Senate Democrats are urging caution as the Federal…
Senate Democrats press FHFA on crypto use in mortgages
He then directed Fannie Mae and Freddie Mac to “consider only cryptocurrency assets that can be evidenced and…
Homebuilders are weathering the trade war — for now
Stocks for D.R. Horton (+17%) and PulteGroup (+11.5%) each closed significantly higher on Tuesday, and equities of other…
Arcasa launches Energy-Smart DPA on Down Payment Resource
The Energy-Smart DPA program, available with Federal Housing Administration (FHA) financing, helps homebuyers fund energy-efficient upgrades while removing…
DOGE job cuts are impacting Washington, DC’s housing market
A new survey conducted by Bright MLS reveals that agents on the ground in the nation’s capital are…