Recent weeks’ rebound in interest rates has cut into the U.S. appetite for mortgages. So reports CNBC.

Fed Chair Jerome Powell set the stage for a tapering of bond purchases as soon as the next Fed Meeting, on November 3rd, according to Bill Bodnar of The Mortgage Market Guide (MMG).

The Federal Housing Finance Agency has announced that it will require Fannie Mae and Freddie Mac to submit Equitable Housing Finance Plans by year-end and to file annual progress reports on meeting those plans. So reports Financial Regulation News.