Many housing insiders often characterize the topic of housing as a bipartisan one that is somewhat insulated from the acrimony of more divisive issues during a historically polarized political era. This was mostly on display during the Senate confirmation hearing for Scott Turner to be the next secretary of the U.S. Department of Housing and…
"January 2025" Archives
Archive page
The 10-year yield and mortgage rates have been on a wild ride lately, even testing my top-end forecast at 7.25%, but today, the 10-year yield fell after remarks by Fed President Chris Waller about whether the Fed would do even more rate cuts than the market was anticipating. His statement on this, in a CNBC…
The National Association of Realtors (NAR) and several other defendants are making another attempt at having the Hardy antitrust lawsuit dismissed. The defendants — which also include the Michigan Association of Realtors, The Grosse Pointe Board of Realtors, Greater Metropolitan Association of Realtors, North Oakland County Board of Realtors and Realcomp II Ltd. — on…
Bill Pulte, a private equity professional, philanthropist and grandson of the late homebuilding icon William Pulte, will be Donald Trump‘s nominee to lead the Federal Housing Finance Agency (FHFA), according to reports from multiple outlets on Thursday. Trump confirmed the nomination on his Truth Social account. “I am pleased to announce that Bill Pulte will…