Extend to defend
A response to the New York Fed’s ‘Extend-and-Pretend in the U.S. CRE Market’
Mortgage
Mortgage rates hold steady
The rate for a 30-year fixed-rate mortgage was 6.95% this week. The rate for a 15-year fixed-rate mortgage was 6.12%,
Home prices rose in November
Home prices increased 3.8% in November 2024 compared to the same month a year ago, up from a 3.6% rise...
Existing home sales rose 2.2% in December
Existing home sales rose 2.2% in December to a seasonally adjusted annual rate of 4.24 million, the National Association of...
Mortgage rates drop
The rate for a 30-year fixed-rate mortgage was 6.96% this week. The rate for a 15-year fixed-rate mortgage was 6.16%.
HUD announces updates to loss mitigation options for borrowers
HUD announced a set of permanent options for mortgage servicers to help borrowers with Federal Housing Administration-insured single-family mortgages keep...
Fannie Mae, Freddie Mac credit score transition put on hold
A planned implementation of new credit score requirements for single-family loans acquired by Fannie Mae and Freddie has been paused...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 7.04% this week. The rate for a 15-year fixed-rate mortgage was 6.27%.
Trump nominates Pulte as FHFA director
President-election Trump nominated Bill Pulte as director of the Federal Housing Finance Agency. Pulte is CEO of private equity firm...
CFPB adjusts exemption thresholds for Reg C, Reg Z
The CFPB announced the annual threshold adjustments for asset-size exemptions from Regulation C, which implements the Home Mortgage Disclosure Act,...
