Trump appoints committee to investigate statements by the Fed’s Lisa Cook
President Donald Trump formally established a “committee of inquiry” to investigate allegations that Federal Reserve Governor Lisa Cook…
Refinance demand is now half what it was a year ago, as mortgage rates rise again
New homes for sale are advertised in Huntington Beach, California on Sept. 25, 2026. Frederic J. Brown |…
30-year fixed mortgage rate spikes Thursday to 7.45%
Mortgage rates rose sharply Thursday, as bond yields surged, with the average rate on the 30-year fixed hitting…
Nearly 10% of borrowers opted for riskier mortgages last week
A drone view shows a sold sign next to a newly built single-family residential home at a small…
30-year fixed mortgage rate tops 7% for the first time in over a year
The average rate on the popular 30-year fixed mortgage crossed over 7% on Thursday for the first time…
Fed governor Lisa Cook slams Trump’s renewed threat to fire her
WASHINGTON (AP) — Federal Reserve governor Lisa Cook said the Trump administration has no legal basis to remove…
Mortgage rates hit highest level in 3 weeks, weakening demand further
A “For Sale” sign outside of a home in Marana, Arizona, US, on Wednesday, Aug. 5, 2026. Rebecca…
Massachusetts mayor arrested for fraudulently obtaining pandemic loan
BOSTON (AP) — A Massachusetts mayor was arrested Friday and charged with fraudulently obtaining a pandemic loan and…
Trump administration renews push to fire Lisa Cook from the Fed
WASHINGTON (AP) — The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa…
Condo buyers face new mortgage rules under Fannie Mae, Freddie Mac
Prospective homebuyers eyeing a condominium may soon discover that mortgage lenders are as interested in the condo building…
Mortgage rates hit highest level in a year as home price soar
The average long-term U.S. mortgage rate rose for the fourth consecutive week to its highest level in a…
June home sales disappoint as prices reach an all-time high
High mortgage rates coupled with record-high prices are causing homebuyers to pull back. Sales of previously owned homes…