Latest Updates Around The World
“The mortgage interest rate fell further last week, with the 30-year fixed rate to the lowest level since last September to 6.34%,” said Mike Fratantoni, senior vice president and chief economist of MBA. “The interest rates have generally risen after the FOMC meeting last week, but remain in a reach that should continue to lead […]
The comments from Fratantoni come when the Trump administration signals potential plans to merge the companies sponsored by the government (GSEs) and to pursue a supply offer this year. “There must be at least two GSEs and we think that competition in the secondary market is really beneficial for the system as a whole,” Fratantoni […]
