3 metrics in Friday’s jobs report that will affect mortgage rates

All eyes are on the jobs report tomorrow after a string of weak economic reports over the last week. Large-scale layoffs of government workers, President Trump’s back-and-forth tariff policies and a negative forecast for first-quarter GDP have sparked questions about a recession and how that would i
Read MoreAnthony Hsieh returns to loanDepot as Frank Martell departs

loanDepot founder and controlling shareholder Anthony Hsieh is returning to an operational role at the California-based mortgage lender and CEO Frank Martell is departing.In an announcement made Thursday, loanDepot said Hsieh, the company’s chairman of the board, has returned as executive chairman o
Read MoreTrump adds Canada to tariff pause on USMCA-compliant goods
Canada has been invited to the tariff pause party.President Donald Trump signed an agreement Thursday for a one-month pause to 25% tariffs on Canadian goods covered by the United States-Mexico-Canada Agreement (USMCA). This includes the majority of materials used in home construction, including lumb
Read MoreTransUnion, Truework add mortgages to income verification tool

TransUnion has expanded its partnership with Truework to provide mortgage lenders with broader access to income and employment verification data.The collaboration integrates Truework’s verification system into TransUnion’s advanced programming interface (API), allowing lenders to verify borrower inc
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