News

December jobs growth slowed to 50,000, keeping mortgage rates near 6{28b664b8f8e1b6944e771b2032136baf23486c7638386fa641dca64370b70774} with steady and Trump’s MBS move supporting better spreads.
Compass closed its acquisition of Anywhere Friday, with the Wall Street Journal and Bloomberg reporting that DOJ leaders blocked a deeper antitrust review.
The proposal has sparked debate over the role of Wall Street-backed landlords — and whether restricting them would meaningfully lower prices.
Musk’s perspective stands in contrast to ongoing economic realities for many Americans, especially older adults preparing for retirement.
A modest mortgage rate drop may boost refinancing by 15{28b664b8f8e1b6944e771b2032136baf23486c7638386fa641dca64370b70774} to 25{28b664b8f8e1b6944e771b2032136baf23486c7638386fa641dca64370b70774}, but lenders caution that activity depends on rates staying low.
Housing starts fell 7.8{28b664b8f8e1b6944e771b2032136baf23486c7638386fa641dca64370b70774} year-over-year in October, led by steep declines in the Sunbelt and Mountain West regions.
Mortgage rates fell below 6{28b664b8f8e1b6944e771b2032136baf23486c7638386fa641dca64370b70774} Friday as spreads tightened, aided by Trump’s MBS directive and steady 10-year yields.
Home affordability in the U.S. remains below historic norms amid new measures proposed by President Trump to address the crisis.
Trump’s $200 billion GSE directive narrows mortgage spreads, with analysts projecting up to 30 bps in tightening.
Banning large investors could raise rents and limit rental options while having minimal impact on home prices, Cotality\'s Thom Malone said.