Fannie Mae raised its economic growth prediction for the year, but low inventory and affordability concerns are still taking their toll on housing
While the president had harsh words for Yellen during the campaign, sources say he will discuss the possibility of her staying on for another term in the Fed’s top spot
A new proposal that could see “too big to fail” banks shrink in size has been met with harsh criticism from industry figures who say it could deter lending
The most recent uptick in interest rates is influencing originators to prioritize home purchase loans, rather than refinances.
The recent uptick in interest rates is signaling the end of an era of super low interest rates.
Jumbo mortgages are traditionally associated with luxury homes and other residential properties typically located in neighborhoods where higher costs of living tend to keep middle and working class house hunters away.
More than 100 forecasters in a national survey said they expect the home values to reach an average of 5.4 percent year-over-year and that current Federal Reserve policies post some risk of re-inflating the housing bubble.
It was a battle between economists and legislators. The mortgage interest tax deduction was deconstructed and dismantled during a meeting of the Joint Committee on Taxation of the U.S. Congress. This $100 billion annual deduction has come under heavy scrutiny due to the budget deficit and the ongoing sequestration.