U.S. Home Sales Continue Slump in April Despite Growing Inventory

High mortgage rates still hobbling the U.S. housing market According to new data released by the National Association of Realtors, existing-home sales dipped again in April 2025, reflecting ongoing challenges in the U.S. housing market despite growing inventory and continued buyer interest. Completed sales of existing homes--including single-family homes, townhomes, condominiums, and co-ops--fell 0.5%...

Mortgage rates survive budget bond scare, but end the week higher

Last week, we witnessed a pivotal moment for mortgage rates and the bond market, which some pundits have said has grown increasingly aware of our rising national debt and deficits. A bond auction last week was perceived as having soft demand, prompting media outlets and market speakers to suggest that the U.S. could face consequences for its lack of fiscal discipline. Yet, by the week’s end, bond...

Bessent weighs mortgage rate risk in potential release of GSEs from conservatorship

Releasing the GSEs from conservatorship became a hot topic again this week after President Trump posted that he was giving it “serious consideration” on Wednesday, followed by a Bloomberg interview with Treasury Secretary Scott Bessent on Friday. The timing of the president’s announcement took many by surprise, given rising bond yields, an uncertain trade war landscape and mortgage rates...

GoodLife Home Loans launches retail reverse mortgage division, says it is actively hiring

An existing reverse mortgage-backed securities issuer and wholesale lender is making a new play for the retail space, according to a new announcement. GoodLife Home Loans, dba of Bellevue, Wash.-based Traditional Mortgage Acceptance Corporation (TMAC), announced this week that it has launched a new retail reverse mortgage division to add to its existing efforts in the wholesale space. GoodLife is...

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