Two years ago, sheriff’s deputies found 96-year-old Violet Evelyn Alberts strangled inside her hillside home in Montecito. Last week, the Santa Barbara County Sheriff’s Department announced the arrest of three people charged... Read more »
CNBC’s Diana Olick joins ‘The Exchange’ to report on the rise in weekly mortgage demand. Source link Read more »
The largest U.S. nonbank mortgage lenders continue to gain market share as the industry consolidates and a number of smaller players exit the space due to a lack of strong franchises to... Read more »
The CPI report came out Tuesday, and the headline number showed a 12-month inflation of 3.2%. The running average of CPI going back to 1914 has been 3.3%. So, what should we... Read more »
The White House this week submitted its fiscal year 2025 budget proposal to the House of Representatives and the Senate, outlining the priorities of the administration in providing a budgetary blueprint for... Read more »
In anticipation of Tuesday’s inflation reading, mortgage rates eased compared to last week. HousingWire’s Mortgage Rate Center showed the average 30-year fixed rate for conventional loans at 7.08% on Tuesday, down from... Read more »
Mortgage rates and the 10-year yield The 10-year yield is the key for all my housing work, so I focus on it religiously. In my 2024 forecast, I put the 10-year yield... Read more »
While the proposed tax credit appears unlikely to get through a Republican-controlled Congress, Biden has the ability to use the CFPB to push his housing policy agenda. An ‘unwelcome surprise’ A CFPB... Read more »
Everyone was waiting to see if this week’s jobs report would send mortgage rates higher, which is what happened last month. Instead, the 10-year yield had a muted response after the headline... Read more »
Commentary: What an industry pro learned after helping his parents get a reverse mortgage