HUD Wants to Use Ex-Cons for Fair Housing Testing

A proposed rule would allow fair-housing testers to have prior convictions – a way to determine if a landlord illegally turns away renters based on criminal history.

Fed: No Rate Hike, but Future One Still Possible

The Federal Reserve didn’t change interest rates on Wed. because existing tight “financial and credit conditions … are likely to weigh on economic activity.”

Mortgage Rates Edge Slightly Lower. Volatility Potential Increases From Here

Coming into the current week, we expected to see a fair amount of volatility.  Last week was volatile in its own right, but in a broadly sideways trajectory.  Perhaps it's more fair to say we're expecting more of a directional reaction to this week's data. All that having been said, we hav

NAR: RE Compensation Lawsuit Far from Over

A jury found NAR and others liable in a compensation lawsuit, but the association will immediately appeal and the case probably won’t conclude for several years.