Podcast: A Trans-Pacific Banking Perspective

Existing home sales decreased 8.4% in January to a seasonally adjusted annual rate of 3.91 million. Year-over-year, sales decreased 4.4%. Month-over-month and year-over-year, sales decreased in the Northeast, Midwest, South and West. "The decrease in sales is disappointing....

The rate for a 30-year fixed-rate mortgage was 6.09% this week. The rate for a 15-year fixed-rate mortgage was 5.44%.

After rising for more than a decade, the number of community development financial institutions and their total assets experienced a modest decline starting in 2023, according to a new report by the Federal Reserve Bank of New York.

Ginnie Mae and the Federal Housing Finance Agency must take steps to better assess the funding risks of the nonbank mortgage companies that they monitor, the Government Accountability Office concluded in a new report.

Household debt increased by $191 billion, or 1%, to $18.8 trillion in the fourth quarter of 2025, the Federal Reserve Bank of New York reported in its most recent Quarterly Report on Household Debt and Credit.

FHFA has repealed a 2024 final rule that codified many of its existing practices and programs regarding fair housing and fair lending oversight of Fannie Mae, Freddie Mac and the Federal Home Loan Banks.