
Investors betting Trump will privatize Fannie Mae, Freddie Mac
Shares in the mortgage giants soared Wednesday on expectations that the Trump administration and Congressional Republicans will revive efforts to privatize the companies.
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Mortgage segment stands tall as Zillow posts revenue growth in Q3
Zillow tallied $581 million in revenue between July and September, according to Q3 earnings released Wednesday. Revenue from the portal's mortgage business hit $39 million, a 63 percent increase from 2023.
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Mortgage rates climb as investors weigh impact of election results
Appetite for bonds wanes as investors pile into the stock market and assess whether Donald Trump's return to the White House will fuel more government borrowing and reignite inflation.
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Renter households surge as homeownership costs climb
Renter households increased by 2.7 percent year-over-year in the third quarter to a record 45.6 million, a rate three times higher than the 0.9 percent uptick in homeowner households, according to a new Redfin analysis.
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