Compass closed its acquisition of Anywhere Friday, with the Wall Street Journal and Bloomberg reporting that DOJ leaders blocked a deeper antitrust review.
A modest mortgage rate drop may boost refinancing by 15{12e4c995339849ab5692104e63065eaa6fc3f02e4b330208a3f646eb870d0217} to 25{12e4c995339849ab5692104e63065eaa6fc3f02e4b330208a3f646eb870d0217}, but lenders caution that activity depends on rates staying low.
Housing starts fell 7.8{12e4c995339849ab5692104e63065eaa6fc3f02e4b330208a3f646eb870d0217} year-over-year in October, led by steep declines in the Sunbelt and Mountain West regions.