Purchase Activity Strong in 2021
After mortgage lenders saw volumes near or above record levels in 2020, historically low interest rates continued for much of the spring and summer this year, driving up both refinance and purchase activity.
Mnuchin: Gov’t. Support Still Needed to Keep Mortgage Rates Low
Trump administration officials on Tuesday defended their plan to Congress for ending government control of mortgage finance giants Fannie Mae and Freddie Mac, clashing with Democratic senators on whether the change would raise home borrowing costs and neglect lower-income homeowners.
