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Fed tweets

The Trump effect: How mortgage rates move with the president’s tweets

President Trump lets his thoughts be known through Twitter and those tweets can have a direct impact on the economy and interest rates,...
Consumer housing confidence rises as buying conditions strengthen

Consumer housing confidence rises as buying conditions strengthen

With more consumers believing it’s a great time to buy a home, the Home Purchase Sentiment Index had its best November since the...
Rates hold steady

Average mortgage rates stay flat due to mixed economic news

Mortgage rates remained unchanged this week, after moving back and forth during the period on economic and trade news, according to Freddie Mac....
Optimism in the Housing Market and Economy

Optimism in the Housing Market and Economy

Editor’s note: This feature originally appeared in the December issue of DS News. At Freddie Mac, Leonard Kiefer is responsible for primary and secondary mortgage...
Consumer purchasing power jumps, especially in West

Consumer purchasing power jumps, especially in West

While affordability remains a challenge with the continued strain on housing supply, purchasing power took a big leap in September thanks to a...
economy

U.S. economy unexpectedly picks up speed

The U.S. economy grew at a 2.1% annualized pace in the third quarter, picking up speed from the second quarter’s 2% rate and...
Zillow: Here's why home prices are rising faster in large cities than in small towns | 2019-09-05

Zillow: Here’s why home prices are rising faster in large cities than in small...

While the U.S. continues to see the longest recorded economic expansion in its history, the expansion has not been universal. According to a new...
After El Paso shooting, Walmart to stop selling handguns, some ammunition

After El Paso shooting, Walmart to stop selling handguns, some ammunition

Walmart will stop selling handguns and certain types of ammunition, and will no longer allow customers to openly carry firearms, after separate shootings...

Powell: Economy in favorable place in face of significant risks | 2019-08-26

The economy today is thriving with economic expansion entering its 11th year and becoming the longest on record, said Federal Reserve Chair Jerome Powell...
Rates fall

Average mortgage rates continue to drop, sitting near three-year lows

Mortgage rates continued to drop this week, hitting their lowest levels since November 2016, according to Freddie Mac. 30-Year FRM 15-Year FRM 5/1-Year...

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Step #1 — Pre-Approval Letter & Proof-Of-Funds - Lauren Biedenharn

Step #1 — Pre-Approval Letter & Proof-Of-Funds – Lauren Biedenharn

Before you set off to find the home of your dreams, you first need to do a little homework. So put that dream-home...
Hey housing professionals, your jargon isn't helping consumers

Hey housing professionals, your jargon isn’t helping consumers

“Guess what, consumers! Conforming loan limits were just raised! Awesome, right!? Call me!”  “Woo hoo! FHA just increased loan limits! Give me a call...
flooding

NFIP’s ‘Head-Scratching’ Short-Term Extension – DSNews

The National Flood Insurance Program (NFIP) was refunded until December 20, after it was originally set to expire on November 21. Industry experts...
Ellie

Millennial mortgage refinances continue ascent

Millennials took advantage of the low mortgage rate landscape as their refinance share reached a high point since Ellie Mae started tracking the...
Keeping Up Through Financial Technology

Keeping Up Through Financial Technology

Dana Dillard, EVP, Corporate Social Responsibility at Mr. Cooper, recently spoke with DS News about the struggles with keeping their customers in the...

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