Report: GSE foreclosure prevention actions decrease in Q2 2025
According to the report, Fannie Mae and Freddie Mac completed 54,750 foreclosure prevention actions during the quarter.
Economy
Mortgage rates fall
The rate for a 30-year fixed-rate mortgage was 6.26% this week. The rate for a 15-year fixed-rate mortgage was 5.41%.
Trump seeks Supreme Court decision to remove Cook from Fed board
The Trump administration asked the U.S. Supreme Court to uphold the president’s decision to remove Governor Lisa Cook from the...
House lawmakers introduce bill to end Fed’s dual mandate
House Financial Services Committee Chairman French Hill (R-Ark.) announced the introduction of legislation to end the Federal Reserve’s dual mandate...
FOMC lowers rates by 25 basis points
The Federal Open Market Committee announced that it will lower the target range for the federal funds rate by 25...
Housing starts fall in August
Housing starts decreased by 8.5% in August from the month prior and 6% from last year, the Commerce Department reported.
Industrial production edged up in August
Industrial production increased 0.1% in August from the previous month, the Federal Reserve reported. The August figure was up 0.9%...
Home builder confidence unchanged in September
Builder confidence in the market for single-family homes in held steady September at 32, according to the NAHB/Wells Fargo Housing...
Business inventories rise in July
Business inventories in July came in at $2.67 trillion, up 0.2% from the month prior and up 1.5% from a...
Retail sales rise in August
Retail and food service sales for August were $732 billion, up 0.6% from the previous month, the Commerce Department said...
