Washington Quietly Scrapped a Plan to Save Homeowners Thousands of Dollars

[ad_1] WASHINGTON—The Biden administration pushed to save homeowners thousands of dollars in closing costs on certain mortgages, part of a broad effort to slash fees and save Americans money. Objections…

Mortgage Rates Hit 7.09%, Highest in More Than 20 Years

[ad_1] Interest rates have hit housing hard: Would-be buyers are locked out, and would-be sellers are staying put. [ad_2] Source link

Anxiety Strikes $8 Trillion Mortgage-Debt Market After SVB Collapse

[ad_1] Strains in the banking sector are roiling a roughly $8 trillion bond market considered almost as safe as U.S. government bonds. So-called agency mortgage bonds are widely held by…