ABA DataBank: Pending home sales up despite rising mortgage rates
ABA economists believe this month's data reflects resiliency despite the effect of higher interest rates. Continued growth suggests mortgage demand...
Mortgage
OCC finalizes rules citing federal preemption of state interest-on-escrow laws
The OCC finalized two rules to clarify that national banks are exempt from state laws regulating real estate escrow accounts....
ABA, associations offer recommendations for streamlining FHA financing
As part of a recent Trump administration push to expand access to mortgage credit, the Federal Housing Administration should modernize...
Mortgage rates slip
The rate for a 30-year fixed-rate mortgage was 6.36% this week. The rate for a 15-year fixed-rate mortgage was 5.71%.
House releases text of amended housing bill ahead of vote
House leadership has released the text of its amendment for a bipartisan housing bill ahead of a possible vote on...
Report: FHLB mission programs generated $47B in economic impact
Federal Home Loan Bank mission programs generated an estimated $47.1 billion in economic impact between 2015 and 2024, although that...
New York Fed: Household debt holds at $18.8T in Q1
Household debt increased by $18 billion, or just 0.1%, to hold steady at $18.8 trillion in the first quarter of...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 6.37% this week. The rate for a 15-year fixed-rate mortgage was 5.72%.
HUD official discusses changes to Fair Housing Act enforcement
The Trump administration is committed to pursuing only cases of intentional discrimination in enforcement of the Fair Housing Act, which...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 6.3% this week. The rate for a 15-year fixed-rate mortgage was 5.64%.
