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Daily Dose

New Bills Take Aim at Making Housing More Affordable

In response to the rapid home price appreciation the country has experienced in the last four to five years that is keeping many would-be first-time buyers out of the housing market, one U.S. Senator has drafted legislation that would provide access to affordable housing.

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Exactly Five Years Into the CFPB Era. . .

The Consumer Financial Protection Bureau celebrated its fifth birthday on Thursday, July 21. Five years in, those in the mortgage industry continue the fierce debate on whether the Bureau is helping or harming the industry.

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Post-Brexit Volatility is Waning

Last month’s historic Brexit vote drove mortgage rates down near historic lows and brought a flurry of refinancing activity. According to Freddie Mac, however, the post-Brexit volatility is tapering off.

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