Fannie and Freddie may go public. Proceeds should benefit the middle class, lawmakers say

Labor leaders joined a bipartisan group of U.S. reps at a Capitol Hill rally
Mortgage rates inch lower this week

Both the 30-year and 15-year fixed rates barely budged: Freddie Mac
May foreclosure filings fall, but repossessed homes spike

Lenders repossessed 34% more homes last month compared to 2024
Mortgage demand bounces back after three straight weeks of declines

Both purchase applications and refinances increased last week: MBA
CPI inflation tamer than expected in May, bolstering calls for a Fed rate cut

May’s 2.4% inflation reading still shows few signs of tariff impacts
Trigger leads bill clears key House hurdle

The legislation aimed at curtailing spam calls to homebuyers moved closer to a floor vote
May mortgage activity underwhelms as affordability tightens: Optimal Blue

Rate-and-term refinances plunged 44.4% last month
Mortgage credit availability surges to levels not seen since 2022

Both conventional and government loan supply grew last month
Senate proposal would eliminate key CFPB funding source

The GOP-backed provision goes even further than legislation passed by the House
Nearly 75% of consumers think it’s a bad time to buy a house: Fannie Mae

Despite that gloomy figure, homebuyer sentiment improved in May