After a week in which the average 30-year fixed-rate mortgage rate fell below 6 percent for the first time in more than three years, rates reversed, hitting 6.15 percent on Tuesday in response to overseas conflict. Continue reading
During a one-hour-and-47-minute-long speech, President Trump had few words to share on issues important to real estate professionals, like affordable housing, mortgage rates or the inventory crisis. Continue reading
One economist said Wednesday that “homebuyers remain active at the start of 2026.” And another expert noted that “mortgage rates are nearly a full percentage point lower than they were a year ago.” Continue reading
President Trump kept his focus on a potential ban on institutional homebuyers and highlighted existing plans to buy $200 billion in mortgage bonds to drive down rates. Continue reading
Federal Reserve Chair Jerome Powell issued a rare warning in a video statement on Sunday that the Fed’s independence was under threat of political intimidation, as evidenced by grand jury subpoenas served to the bank on Friday by the DOJ under what Pow… Continue reading
Although $200 billion sounds like a lot of money, the impact and longevity of Fannie and Freddie’s bond purchases on mortgage rates won’t be as big as the Federal Reserve’s. Continue reading
Trump’s promise to “ban” large institutional investors from buying more single-family homes renews the debate over whether such a move would be legal — or make much of a dent on affordability. Continue reading
The president’s announcement was made against the backdrop of high inflation, which Trump blamed on former President Biden and Democrats in Congress. Continue reading
The next Fed chair may be more receptive to the president’s calls for rate cuts, but they’ll have to convince other central bank policymakers to give up their independence. Continue reading
A 50-year mortgage may look tempting to a cash-strapped homebuyer, trainer Bernice Ross writes, but the cons far outweigh the easier up-front and monthly payments. Continue reading