Labor over Inflation has been the theme for mortgage rates to go lower in 2024, with the understanding that as soon as the labor market softens, the 10-year yield should head lower,... Read more »
Bond market investors who fund most mortgage loans are increasingly convinced the latest inflation numbers mean the Federal Reserve won’t cut rates in June. At Inman Connect Las Vegas, July 30-Aug. 1... Read more »
Finance of America Companies (FOA), parent company of reverse mortgage industry-leading lender Finance of America Reverse (FAR), was notified for the second time on Feb. 12 by the New York Stock Exchange... Read more »
2. Early in the labor market recovery, when we saw some weaker job reports, I doubled and tripled down on my assertion that job openings would get to 10 million in this... Read more »
Huntington Beach has dug in its heels against a state requirement to plan for thousands of homes. The Orange County city has appealed a federal judge’s decision to toss its challenge to... Read more »
The jobs report today which should move mortgage rates lower, demonstrates why it’s time for the Federal Reserve to land the plane. The labor market doesn’t show wages spiraling out of control... Read more »