Mortgage rates rising — no matter what the Federal Reserve does

Long-term rates have stayed in a narrow range for anther week, mortgages still close to 4.00 percent. However, two developing patterns suggest changes ahead, although information wars make it increasingly hard to understand anything. Continue reading

Will Trump’s new housing finance director privatize Fannie and Freddie?

The Trump administration is preparing to nominate Mark Calabria to head the Federal Housing Finance Agency, the agency tasked with overseeing Fannie Mae and Freddie Mac. Continue reading