Mortgage News
- Biden Appoints New FHFA Director June 24, 2021The White House didn't waste any time after a Supreme Court ruling allowed it to do so, removing Mark Calabria as Director of the Federal Housing Finance Agency (FHFA) late Wednesday. Earlier that day the Court had released their 7-2 ruling that the inability to remove the agency director during a five year term except […]Jann Swanson
Mortgage Rates
- Mortgage Rates Are Actually LOWER This Week June 24, 2021Mortgage rates hit their lowest levels in a week yesterday and are sideways to slightly lower today, depending on the lender. These facts are not well represented in the news today, where you're more likely to see stories about rates being much higher this week. What's up with the discrepancy? As is often the case on […]Matthew Graham
- Mortgage Rates Edge Down to Best Levels in a Week June 23, 2021Last week's announcement from the Federal Reserve was the last major shake-up for mortgage rates, sending them quickly higher on Wednesday afternoon. Since then, things have been improving gradually, even if a bit unevenly. Mortgage lenders have been hoping for a little more stability, and today they got it. The bonds that underlie mortgage rates […]Matthew Graham