There were mixed blessings in the mortgage rate world today. The bad news is that today’s rates are just a bit higher than yesterday’s, resulting in another 8 month high. The good news is that things were looking quite a bit worse earlier in the morning. Mortgage lenders prefer to set rates once per day […]
Mortgage Rates Inch Up to Another Long-Term High Read More »
Foyer and Nayya are partnering to offer first-time homeownership benefits to employees across the country. Processing Content Employers who use Nayya’s agentic AI platform can provide Foyer, a dedicated 401(k) for homeownership, as a benefit that helps its employees buy a home by saving for a down payment, building credit and navigating the entire purchase
Foyer, Nayya bring homeownership to employee benefits Read More »
Property tax revenues collected by local and state jurisdictions surged nearly 5% at the end of last year and continued an ongoing nine-quarter stretch of increases. Processing Content The $210.7 billion generated in the fourth quarter reflected a seasonally adjusted 1% uptick from $208.5 billion three months earlier, according to a National Association of Home
Property tax revenues jumped 5% in 2025 Read More »
The government-sponsored enterprises appear increasingly likely to face a lengthy capital reform process, but the former CEO of Freddie Mac said he sees a faster way forward. Processing Content “Although developing such a simplified and reformed capital rule is often seen as a challenging and time-consuming regulatory task, it might well be relatively straightforward,” Donald
Freddie Mac’s former chief charts path to GSE capital reform Read More »
Two Harbors Investment has jilted UWM Holdings at the altar, agreeing to be acquired by CrossCountry Mortgage for $10.80 in an all-cash transaction. Processing Content UWM went into attack mode following the announcement before the market’s opened on Friday morning. “The actions taken by TWO’s management team and board do not reflect the best interests
Two Harbors jilts UWM Holdings for CrossCountry Read More »
Key insight: Fed Gov. Lisa Cook, Gov. Michael Barr and Vice Chair Philip Jefferson said in separate appearances Thursday that uncertainty over tariffs and geopolitical tensions is shifting the balance of risks toward combating a rise in inflation. Expert quote: “The ongoing trade policy uncertainty and geopolitical tensions … pose upside risk to my inflation
Fed Govs. express concern about Iran war-driven inflation Read More »
New technology products and enhancements typically go hand-in-hand with mortgage conferences, and this month’s ICE Experience 2026 in Las Vegas proved to be no exception. Processing Content Artificial intelligence took the spotlight, and on ushering in its own AI-backed voice and chat servicing agents, event host Intercontinental Exchange said they were among several future rollouts
New AI mortgage tools unveiled at ICE Experience 2026 Read More »
Key insight: An executive order encouraging the Consumer Financial Protection Bureau to modify two of its mortgage rules would add a considerable load to the agency’s already overloaded agenda, and at a time when its rulemaking capacity is greatly diminished. Expert Quote: “The CFPB has a bigger agenda than they’ve ever had with a smaller
Mortgage order adds more rules to diminished CFPB’s load Read More »
After a somewhat hopeful day on Wednesday, mortgage rates are back to their same old tricks on Thursday. The tricks in question involve following the broader market reaction to the Iran war which has caused significant and almost exclusive upward movement in interest rates for the entire month of March. Average 30yr fixed rates have
Rates Leap to Another Multi-Month High Read More »
Better Home & Finance, the parent company of Better.com, is partnering with Coinbase to launch token-backed down payments for conforming mortgages. Processing Content Americans who qualify for a mortgage with Better will be able to use Bitcoin or USD Coin as collateral to fund their down payment through a private loan, the company announced in
Better, Coinbase allow tokens to support conforming loan Read More »