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.
Politics
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Federal Court blocks Trump’s ‘Liberation Day’ tariffs
A three-judge panel issued the decision Wednesday, siding with plaintiffs who argued that Trump’s use of tariffs violated U.S. law.
Will an implicit guarantee keep mortgage rates from rising after release of GSEs?
Will mortgage rates rise if the government releases the GSEs from conservatorship? It depends on whether there is a government guarantee.
Trump: I’m taking Fannie and Freddie ‘public’ with implicit guarantee
President Trump said he is working on taking Fannie Mae and Freddie Mac public and the implicit guarantee would remain.
Bessent weighs mortgage rate risk in potential release of GSEs from conservatorship
Bessent understands that any transition of Fannie Mae and Freddie Mac out of conservatorship must not increase mortgage rates.
Trump says he’s giving “serious consideration” to releasing Fannie Mae, Freddie Mac
President Trump said he would be making a decision on releasing Fannie Mae and Freddie Mac from conservatorship “in the near future.”
House passes bill to give VA borrowers a partial mortgage claim option
The House passed a bill by voice vote, with begrudging bipartisan support, that offers veterans a partial claim option for VA home loans.
HUD approves Asheville’s hurricane recovery plan after initial objection over DEI
The city’s $225M recovery plan, initially rejected by HUD over DEI concerns, is one step closer to being fulfilled.
HUD secretary defends repeal of fair housing rule
The rule required local governments to analyze housing patterns for racial and economic disparities and submit corrective plans to HUD.
House bill calls for bigger SALT tax breaks
The new SALT provision would raise the cap to $30,000 for those with a modified adjusted gross income of $400,000 or less, up from the current $10,000 limit.