Higher rates aren't stopping homebuyers from bargain hunting
Purchase loan requests are up 3% from a week ago and 22% from last last year even as mortgage rates climb to highest level in 4 weeks, Mortgage Bankers Association survey shows
by Matt Carter Jul 23
Elizabeth Warren calls Pulte out for social media attacks on Powell
114 posts in July alone raise 'significant questions about your judgment and commitment to operating FHFA in a responsible, competent, and lawful manner,' Senator scolds regulator
by Matt Carter Jul 21
Outside lawyers, WSJ editorial board urge Trump not to fire Powell
Trump administration would probably lose court battle, lawyers reportedly advise White House, and markets would react badly, 'The Wall Street Journal' editorial board warns
by Matt Carter Jul 18
Mortgage rates are headed up again on June CPI inflation report
Inflation moved away from the Fed's 2% target for the second month in a row, with the cost of goods and services rising 2.7% from a year ago, up from 2.3% in April: Bureau of Labor Statistics
by Matt Carter Jul 15
Trump adminstration accuses another political opponent of mortgage fraud: Adam Schiff
Like New York AG Letitia James, senator denies lying on mortgage applications and decries 'baseless attempt at political retribution' that won’t stop him from holding Trump accountable
by Matt Carter Jul 15
Fed rebuts accusations that Powell mismanaged $2.5B renovation
Central bank refutes allegations by Trump administration officials that a headquarters renovation project has been mismanaged and that Powell lied to Congress about its specifics
by Matt Carter Jul 14
Mortgage lenders ask for more guidance on VantageScore 4.0
FHFA Director Bill Pulte is reportedly 'on thin ice' with several Trump administration officials over lack of communication on new Fannie Mae and Freddie Mac credit score policy
by Matt Carter Jul 11
Trump official: Fed chair to answer for 'ostentatious' renovations
OMB Director Russell Vought put accusations that Federal Reserve Chair Jerome Powell lied to Congress about a $2.5B renovation of the Fed's headquarters in writing Thursday
by Matt Carter Jul 10
Homebuyers rushed to lenders last week as mortgage rates dipped
Rates are on the rebound again as investors weigh how Federal Reserve policymakers will view a strong June jobs report and the Trump administration's threats to impose new tariffs in August
by Matt Carter Jul 9
New rules for Fannie, Freddie credit scoring are stumping lenders
Mortgage giants allegedly weren't informed in advance that they'd be required to accept VantageScore 4.0, and lenders have lots of questions about how the new process will work
by Matt Carter Jul 9
Fannie, Freddie ordered to accept new VantageScore 4.0 credit score
While questions remain about details of the new policy, FHFA Director Bill Pulte says mortgage lenders must still use 'tri-merge' process to obtain scores from all 3 major credit bureaus
by Matt Carter Jul 8
Job loss fears, mortgage rates weigh on housing sentiment
Fannie Mae survey echoes polls by the University of Michigan and the Conference Board that found uncertainty over Trump administration's tariff policies is weighing on consumer confidence
by Matt Carter Jul 7
Downward trend in mortgage rates not enough to spur homebuyers
Requests to refinance are up 40% from a year ago, but uncertainty 'continues to hold homebuyers out of the market,' Mortage Bankers Association economist Joel Kan said Wednesday
by Matt Carter Jul 2
FHFA Director Pulte calls on Congress to investigate Fed Chair Jerome Powell
Bill Pulte made his pitch in a statement on Wednesday. The FHFA director and President Donald Trump have been trying to pressure Powell to resign amid high interest rates
by Taylor Anderson Jul 2
Yes, it's a 'big, beautiful bill'  — for the real estate industry at least
Housing trade groups — including NAR, MBA and NAHB — like tax breaks for homebuyers and businesses, and urge lawmakers to put the bill on Trump's desk
by Matt Carter Jul 2