Investors pushed bond yields and mortgage rates down Friday after Fed chair says policymakers are starting to see unemployment as a bigger risk to the US economy than inflation
'Wall Street Journal' editorial calls Pulte's criminal referral of Federal Reserve governor 'an ominous turn in political lawfare' and warns that 'weaponizing' Fannie and Freddie's federal regulator 'won’t build confidence in America’s institutions or markets'
Driving the revised forecast are expectations for slightly cooler economic growth and hotter inflation, which could mean mortgage rates come down a little more slowly
Homeowners rushed to refinance last week, and lender data shows homebuyer demand for purchase loans is up 17 percent from a year ago with Federal Reserve rate cuts on deck
Impact on rates depends on the structure of rumored IPO. Whatever the plan, the Trump administration has stacked the boards at the mortgage giants with its supporters
While rival Rocket Mortgage seeks to boost refis by becoming largest US loan servicer, UWM CEO Mat Ishbia says AI, competitive pricing will help mortgage brokers compete for borrowers
Tariff uncertainties and job loss worries meant lower rates had a bigger impact last week on refinancing demand than homebuying, Mortgage Bankers Association surveys show
Consumer group claims FHFA's plan to pit VantageScore 4.0 against older FICO Classic score on Fannie, Freddie loans will make 'anti-competitive natures of the credit scoring market even worse'
Trump announces new tariffs on dozens of countries beginning Aug. 7, fires BLS commissioner after revised jobs report shows dramatic slowdown in payroll growth in May and June
Mortgage rates have stabilized and more inventory is coming online, but applications for purchase loans fell by a seasonally adjusted 6% last week compared to the week before
With Trump's Aug. 1 trade deal deadline looming, new readings on consumer confidence show would-be homebuyers may be getting less fearful that tariffs will tank the economy
Economists at Fannie Mae and the Mortgage Bankers Association differ on how much room mortgage rates have to come down and how fast home price appreciation will cool
Trump administration would probably lose court battle, lawyers reportedly advise White House, and markets would react badly, 'The Wall Street Journal' editorial board warns
As new scoring models by Fair Isaac and VantageScore vie for acceptance by Fannie Mae and Freddie Mac, claims and counterclaims fly. For now, mortgage giants are stuck with FICO Classic
Elevated mortgage rates, weakening home price growth and uncertainty from Trump's tariff policy are setting the housing market on a dangerous path, Moody's economist Mark Zandi said on X