U.S. Consumer Sentiment Falls Slightly

One economist said gas prices likely contributed to the decline. Most expect consumer spending to remain healthy as long as the job market holds steady. 

Mortgage Rates Back to 7.5%

The bad times keep rolling for mortgage rates with the average conventional 30yr fixed rate back up to 7.5% according to our daily index.  This is quite a bit higher than the major weekly indices for a few reasons.  First, the weekly indices haven't been updated for the current week yet.&n

Judge Blocks State’s Wetland Permitting Authority

A U.S. District Court judge ruled against Florida’s Department of Environmental Protection’s attempt to retain authority over wetland permitting

Fannie Mae, Freddie Mac Clarify IPCs

Fannie Mae and Freddie Mac issued guidance regarding allowable interested-party contributions in light of the proposed Sitzer-Burnett verdict settlement agreement.