Purchase loan applications soared 10 percent last week to the highest level since April, even though rates have been stuck in the high sixes, the…
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While just 26 percent of Americans said May was a good time to buy, that’s up from 23 percent in April and 14 percent a…
An estimated 7.24 million Americans were unemployed in May, as hiring by private employers slowed and the federal government continued to shrink its payroll. Source:…
Lawmakers want assurances that privatizing the mortgage giants or taking them public won’t drive mortgage rates up, and put investor profits “over the homes of…
Shares in mortgage giants tumble as investors weigh whether the Trump administration is more interested in mining Fannie and Freddie’s profits than privatizing them. Source:…
Trump administration keeps up pressure on Fed, but investors don’t expect the U.S. central bank to cut short-term rates until September. Source: Inman News
The sweeping bill was passed in the House on Thursday and now heads to the Senate for consideration. Industry players were pleased by some of…