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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Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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.