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Bodnar of MMG: No News Is Good News

Bodnar of MMG: No News Is Good News

Sunday, 25 April 2021
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Bill Bodnar of The Mortgage Market Guide says no news was good news during the week. Bond prices followed the path of least resistance: higher--thereby pushing rates to the lowest level in nearly two months--back beneath 3.00% on average. Read more...
FHFA Extends COVID-19 Loan Flexibilities for Fannie, Freddie

FHFA Extends COVID-19 Loan Flexibilities for Fannie, Freddie

Sunday, 25 April 2021
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The Federal Housing Finance Agency has announced that Fannie Mae and Freddie Mac will let some temporary loan origination flexibilities last a little longer. So reports DS News. Read more...
HUD Dumps Trump Rule on Transgender Access to Shelters

HUD Dumps Trump Rule on Transgender Access to Shelters

Sunday, 25 April 2021
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The Department of Housing and Urban Development (HUD) has moved to revoke a Trump rule, proposed last July, that would have allowed federally funded single-sex homeless shelters to turn away transgender people. So reports Politico. Read more...
Mortgage Rates Dip Below 3% Again Amid COVID-19 Uptick

Mortgage Rates Dip Below 3% Again Amid COVID-19 Uptick

Sunday, 25 April 2021
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Long-term U.S. mortgage rates have crossed below the 3% threshold again, as mounting COVID-19 infections appeared to offset rosy economic figures. So reports MarketWatch. Read more...
Big Landlords Go After Evictions Despite Federal Measures

Big Landlords Go After Evictions Despite Federal Measures

Sunday, 25 April 2021
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Large landlords with multistate property portfolios have been among the busiest in filing eviction cases against households, despite the Centers for Disease Control and Prevention’s moratorium on evictions. So reports Reuters. Read more...
Bodnar of MMG: Bond Market Not Scared of Inflation

Bodnar of MMG: Bond Market Not Scared of Inflation

Saturday, 17 April 2021
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Bill Bodnar of the Mortgage Market Guide (MMG) has been saying for weeks that inflation may not be a problem. If the bond market is supposed to be scared of inflation, someone better let the bond market know, because interest rates are not behaving as though inflation is an issue. Read more...
No End in Sight for Timber’s Boost to Home Prices

No End in Sight for Timber’s Boost to Home Prices

Saturday, 17 April 2021
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A surge in lumber markets amid a tight supply chain will probably continue through the U.S. summer home building season, pushing home prices ever higher. So reports Bloomberg. Read more...
Most Americans Plan to Spend Stimulus Within Three Months

Most Americans Plan to Spend Stimulus Within Three Months

Saturday, 17 April 2021
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More than six in 10 U.S. adults receiving a third coronavirus relief payment worth $1,400 per adult said the money won’t keep them afloat for more than three months, according to a recent survey. So reports Bankrate. Read more...
Mortgage Rates Fall for Second Straight Week

Mortgage Rates Fall for Second Straight Week

Saturday, 17 April 2021
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U.S. average mortgage rates have logged a second consecutive week of declines after upbeat economic data. So reports the Associated Press. Read more...
Biden Brings Back Two Fair Housing Rules Gutted by Trump

Biden Brings Back Two Fair Housing Rules Gutted by Trump

Saturday, 17 April 2021
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The Biden administration has moved to reinstate two Obama-era fair housing rules that Trump dismantled late in the 2020 presidential campaign. So reports Bloomberg. Read more...

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