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2019 started out on a down note, with 30-year mortgage rates having spiked just below 5%.
Even as retail sales growth is showing signs of stalling, consumers are continuing to borrow.
Some 40% of home sales may no longer require appraisals.
A new report says banks are selling mortgages at risk of natural disaster-related default to government-backed mortgage giants.
The White House released its plan to end government stewardship of the companies that control half of all mortgages in the U.S.
A Trump administration plan for reform is expected soon.
The Federal Housing Finance Agency this week announced a new rule that will open up competition for which score, or scores, Fannie Mae and Freddie Mac use.
New home sales are down, even though mortgage rates are down, too. But low mortgages aren’t the deciding factor when it comes to buying a home.
Consumer advocates say it’s time to loosen restrictions imposed after the housing collapse.
Research by the New York Fed connects the two.
