The election of Donald Trump as the 47th president of the United States has brought mortgage rates closer to the 7% threshold, but Fitch Ratings expects them to settle lower in the coming months. Looking ahead to 2025, analysts from the credit ratings agency expect declining rates to increase mortgage origination volumes, driving profitability for nonbank…
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The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.
CNBC’s Diana Olick reports on the latest news from the housing sector.
Donald Trump wants to address the housing shortage in the U.S. But some of his promises might be hurdles in the way.