Mortgage rates stay calm before possible tariff enforcement
Last week, the housing data demonstrated stability even as we approach potential tariff enforcements. Mortgage rates have remained largely unchanged, and there has been a slight decrease in housing inventory. Furthermore, pending contracts reflected a modest year-over-year decline, while purchase ap
Read MoreHomebuilders ask Trump for tariff exemptions on building materials

The National Association of Homebuilders (NAHB) sent a letter to President Trump Friday asking for tariff exemptions on building materials from Canada and Mexico. The letter follows a Trump announcement that the U.S. was levying tariffs of 25% on Canadian and Mexican imports that would go into effec
Read MoreTrump fires CFPB Director Rohit Chopra

President Trump fired Rohit Chopra, the director of the Consumer Financial Protection Bureau (CFPB) on Saturday, abruptly ending a five-year term scheduled to run through late 2026. The Associated Press reported that Chopra was notified of his firing in an email. Chopra confirmed the news via a lett
Read MoreMore first-time buyers rely on mortgage rate buydowns to afford homes

Higher mortgage rates are forcing many first-time homebuyers to adopt a “wait-and-see” approach to the market. According to HomeLight‘s Top Agent Insights report released this week, real estate agents are feeling this and are being forced to switch up tactics to attract buyers. HomeLight is an Arizo
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