Fed chair confirmation
Improve your understanding of how broad economic factors impact the housing market
by Jonathan Pressman Sep 20
Trump asks Supreme Court to remove Fed Governor Lisa Cook
Lower courts have ruled Cook can continue to serve on the central bank's board while she challenges the Trump administration's move to fire her over unproven mortgage allegations
by Matt Carter Sep 18
Donald Trump and Jerome Powell, mortgage rates drop on Powell speech
Recent Trump appointee Stephen Miran was the lone dissenter in Wednesday's 11-1 vote, holding out for a bigger, 1/2 percentage point rate cut advocated by the president
by Matt Carter Sep 17
Homeowners rush to refinance as mortgage rates hit 2025 low
Homebuyer loan applications flooded in last week at the 2nd-highest level of the year. Demand for adjustable-rate mortgage loans is at the highest level since 2008
by Matt Carter Sep 17
Pennymac takes a stake in Vesta, launches non-QM mortgages
A major player in correspondent lending, Pennymac is looking to provide more loans directly to consumers through a strategic partnership and investment in mortgage software provider Vesta
by Matt Carter Sep 8
people in line for job interview
Investors who fund most home loans are no longer wondering whether the Fed will cut rates this month, but by how much. At least 3 quarter-percentage point rate cuts are now expected this year
by Matt Carter Sep 5
Rocket Companies CEO Varun Krishna and Mr. Cooper Chair and CEO Jay Bray.
Rocket hopes the $9.4B deal will help it capture 20% of all mortgage refinancing and wrest back its title as the nation's biggest mortgage lender from rival United Wholesale Mortgage
by Matt Carter Sep 3
Trump administration 'in no rush' to do Fannie, Freddie IPO this year
Democratic senators asked federal regulator Bill Pulte on Aug. 29 to pause any efforts to reprivatize Fannie and Freddie and study potential impact on mortgage rates
by Matt Carter Sep 2
Dems seek answers on impact of Fannie, Freddie IPO on rates
Survey shows most Americans are concerned that privatizing the mortgage giants might lead to higher mortgage rates, with Democrats and independents most likely to be worried
by Matt Carter Aug 29
Donald Trump and Jerome Powell, mortgage rates drop on Powell speech
If bond market investors get cold feet about buying government debt and mortgage-backed securities, that could push long-term interest rates higher, even if the Fed cuts short-term rates
by Matt Carter Aug 28
Homebuyers are out in force and mortgage rates are coming down
With 7.24M Americans out of work in July and payroll growth slowing to an average of 35K jobs a month, the Fed is expected to pivot from fighting inflation to preserving jobs
by Matt Carter Aug 27
Rocket, Mr. Cooper merger OK'd by Fannie and Freddie regulator
A green light from the Federal Housing Finance Agency and antitrust regulators sets the stage for a Sept. 3 vote by Mr. Cooper shareholders on $9.4B mega merger
by Matt Carter Aug 27
With fresh capital, Knock ups the limit on its bridge loans to $1M
Institutional investors snapped up a securitization of Knock bridge loans, paving the way for the company to 'significantly scale' lending operations by nearly $1B over the next 2 years
by Matt Carter Aug 26
national debt
Windermere economist Jeff Tucker breaks down the impact of government debt and the 'One Big Beautiful Bill Act' on the real estate market
by Jeff Tucker Aug 26
Small lenders oppose combining Fannie, Freddie into single entity
Mortgage giants should continue to operate as separate companies and be regulated like utilities with a cap on excessive fees and prohibitions on backing risky loans, industry group maintains
by Matt Carter Aug 22