
Mortgage execs on alert mode for lower rates — and their side effects
Mortgage industry executives are on alert amid the global stock-market meltdown caused by fears that the Federal Reserve may have kept the federal funds rate too high for too long, which could bring the U.S. economy into recession. Tensions in the bond markets have provoked a decline in mortgage rat
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Opportunity unlocked: Mortgage rates drop to 2024 low point
The downward movement in mortgage rates over the past few months accelerated last week as a cooler-than-expected jobs report and indications of a Federal Reserve rate cut led to a steep drop in loan pricing. At HousingWire‘s Mortgage Rates Center on Tuesday, the 30-year conventional loan rate averag
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Where does Harris VP pick Tim Walz stand on housing issues?
A highly anticipated piece of political news arrived Tuesday morning as Vice President Kamala Harris chose Minnesota Gov. Tim Walz to be her running mate in November’s presidential election, with Harris having clinched the Democratic nomination to challenge Republican nominee and former President Do
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Opinion: The Consumer Federation of America’s stance will harm future homebuyers
The Consumer Federation of America (CFA) and its former CEO, Steve Brobeck, have a long history of advocating for policies that protect consumers. However, in recent efforts to curb real estate professionals, the CFA has seemingly lost sight of its core purpose: advocating for those most in need of
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