Most Recent Economy News

MGIC, Essent, Enact, Radian, NMI, Arch report 1Q25 profits

MGIC, Essent, Enact, Radian, NMI, Arch report 1Q25 profits

A similar share of consumers used private mortgage insurance as credit enhancement in the first quarter compared with the prior...

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Home sales canceled in January at highest pace in years

Home sales canceled in January at highest pace in years

Consumer skittishness, wildfires and rising inventory combined to push the January cancellation rate for pending home sales to its highest...

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Mortgage rates again move opposite Fed’s actions

Mortgage rates again move opposite Fed’s actions

Mortgage rates rose 12 basis points this week, reflective of the environment even before the Federal Open Market Committee announced...

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Why mortgage rates might rise after Fed cut

Why mortgage rates might rise after Fed cut

Mortgage rates continued to tumble closer to the 6% mark, even before taking into account the full impact of the...

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Harris takes aim at Wall Street housing ownership in first economic speech

Harris takes aim at Wall Street housing ownership in first economic speech

Vice President Kamala HarrisBloomberg News WASHINGTON — Vice President Kamala Harris promoted policies that aim to make housing more affordable...

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