Federal Reserve watchdog investigates efforts to dismantle CFPB
The Federal Reserve watchdog is reportedly taking a closer look at efforts to dismiss staff and cancel contracts at the CFPB.
Housing Market
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These suburbs saw the largest increases in renters during the pandemic
A Point2Homes study found that a number of suburbs experienced significant shifts in renter rates from before and after the pandemic.
CFPB enforcement head resigns, citing ‘no intention to enforce the law’
Cara Petersen, the acting CFPB enforcement director, has resigned, citing a lack of intention to “enforce the law in any meaningful way.”
New listings slump. Have home sellers already called it quits?
New listings have finally emerged from a two-year slump, but we may have already hit the seasonal peak. Are home sellers done for the year?
How the Trump/Musk dispute could influence mortgage rates
How could the public fight between President Trump and Elon Musk impact mortgage rates? Lead Analyst Logan Mohtashami looks at three factors.
Zillow: Luxury housing market slowed in April
Despite a market slowdown, prices have continued to rise as luxury home values increased 2.7% year over year.
Home-price growth at decade low, Florida markets lead declines
Notably, Florida — once a hotbed of rapid appreciation — led the nation in price declines. The state posted a -0.8% year-over-year drop
Two maps that show where the housing market is struggling
Grades on market conditions for both the resale and new-home markets show that sentiment among agents and builders is souring.
Mortgage rates aren’t hampering millennials’ homebuying interest
A recent Realtor.com survey found that 23% of millennials plan to buy a home in the next six months, up from 15% in September 2024.
Mortgage rates unfazed by crazy economic headlines
Mortgage rates remained relatively stable last week, which is a stark contrast to the madness caused by the Godzilla tariffs a few weeks ago.