Mortgage spreads keeping housing demand intact for now
Mortgage spreads at 2.01% are keeping 2026 mortgage rates near 6.74%, supporting pending sales and limiting year-over-year declines.
News
An Investment in Knowledge Pays the Best Interest
- Benjamin Franklin
Will the negative jobs report hold off a September rate hike?
July payrolls fell 23,000 and revisions cut 103,000, while wage growth slowed to 3.2%, sharpening the Fed’s September decision.
Trump reportedly renews bid to oust Fed Gov. Lisa Cook
President Donald Trump is moving forward with a renewed attempt to remove Federal Reserve Gov. Lisa Cook over mortgage fraud allegations.
UWM downgraded by Fitch after Q2 loss, Oaktree deal
Fitch Ratings downgraded the long-term issuer default ratings of United Wholesale Mortgage (UWM) to B+ from BB-, citing a sharp increase in leverage driven by second-quarter losses and higher borrowings.
REMAX, Keller Williams win final approval of Batton 1 settlement
Judge Hunt granted final approval to REMAX and Keller Williams Batton 1 settlements totaling $28.5 million, claims due Aug. 25, 2026.
The off-MLS debate moves to Washington, and agents need a clear script
A House panel reviews private listing networks, while Compass cites 4.6% gains and other studies show off MLS homes sell for less.