Mortgage

Maine introduces bill to ‘effectively ban’ HEI contracts

Maine's governor signed new legislation last week, applying comprehensive regulations to originations of home equity investment products in classifying them as "residential mortgage...

Why Aren’t Mortgage Rates Rising with the Middle East Conflict Seemingly Worsening?

You might be wondering why mortgage rates remain fairly low despite tensions in the Middle East remaining quite high.While there was a glimmer...

Bank of Canada adds Gosselin, Vincent to full-time rate-setting council

The Bank of Canada has selected two new deputies for full-time positions on its rate-setting governing council.

Homebuilders set for another ‘lost’ earnings season

For US homebuilders, the Iran war dashed what little optimism they had left for this earnings season. Processing ContentDevelopers including D.R. Horton Inc., Lennar...