Wells Fargo received an MRA notice from the CFPB in 2022 on discrimination problems with loan discounts: CNBC
Mortgage rates fell dramatically, but lock volume declined 10% in November from October, according to Optimal Blue.
While sellers of existing homes have struggled with rising rates and softening demand, homebuilders have not only survived, but thrived in this market thanks to the use of mortgage rate buydowns.
Inflation continued to edge down in November, reinforcing the likelihood that the Federal Reserve holds interest rates steady.