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Seven officials now foresee no rate cuts this year, compared with four in March. Two others pointed to one cut this year.
June 18 -
Despite increased concerns about tariffs and inflation, 55% of Americans feel upbeat about their fiscal future, according to TransUnion.
June 18 -
Housing advocates are cheering the Senate's embrace of expanding Low Income Housing Tax Credits which ensures a volume increase and reduces a key bond threshold test.
June 18 -
An elevated inventory of homes for sale and high mortgage rates sapped the motivation to build as permits issued in May fell to a five-year low
June 18 -
The 30-year fixed-rate mortgage remains in the same general vicinity since the post-tariff spike, and significant movement isn't expected soon.
June 18 -
The publicly traded company will become privately held as part of the all-cash servicer-lender acquisition, with a $20-per-share payout to common stockholders.
June 18 -
Both purchase and refinance activity declined last week, despite rates falling to a two-month low with market concerns over geopolitical and tariff issues.
June 18 -
Home sellers, no longer required to pay the buyer's representative after major rule changes last year, are still covering the costs as concessions.
June 18 -
The Trump administration is seeking to fire roughly 90% of the Consumer Financial Protection Bureau's staff and is fighting for that right in court. But if the administration prevails, can other consumer protection authorities from other federal regulators pick up the slack?
June 18 -
Prior to this development, the CFPB was the sole industry participant to publish an average prime offer rate index on a weekly basis.
June 17