If you’re thinking about buying a home or refinancing, paying attention to mortgage rates is key. For May 1st, 2026, the average rate for a 30-year fixed mortgage is hovering around 6.21%.... Read more »
The Federal Reserve has once again decided to keep interest rates exactly where they are, marking the third consecutive meeting without a change. This decision, landing in the target range of 3.50%–3.75%,... Read more »
As of today, April 30, 2026, the average rates for a 30-year fixed mortgage are sitting at 6.11%, according to Zillow. This is a tiny dip of 1 basis point from yesterday,... Read more »
The DOJ dropped its criminal probe of Fed Chair Jerome Powell Friday, clearing a key Senate hurdle for Kevin Warsh’s confirmation. The Department of Justice on Friday dropped its criminal investigation of... Read more »
The Senate is set to consider whether to confirm Kevin Warsh as Federal Reserve chairman, despite opposition from Democrats who want to halt the process. The Senate Committee on Banking, Housing, and... Read more »
The Federal Reserve lost $18.7 billion last year, as it continues to recover from pandemic stimulus programs and inflation. That’s according to audited financial statements the Fed released Wednesday and marks the... Read more »
Federal Reserve policymakers begin their two-day meeting on interest rate policy Tuesday, as the ongoing conflict with Iran has raised fears of a global energy crisis and clouded the path for rate cuts.... Read more »
Judge James Boasberg agreed. “There is abundant evidence that the subpoenas’ dominant (if not sole) purpose is to harass and pressure Powell either to yield to the President or to resign and... Read more »
The U.S. economy’s growth in late 2025 was dramatically slower than initially reported, in large part due to the fallout from last fall’s record-breaking government shutdown. Gross domestic product (GDP), the total... Read more »
Banks currently apply a 250% risk weight to MSRs, while mortgages held on balance sheets generally receive a standard 50% risk weight. While regulators intended these requirements to limit excessive bank concentration... Read more »