Better mortgage spreads are capping rates in 2025

Another jobs week has come to an end, and amid the chaotic headlines about job numbers, tariffs, and the leadership of the Treasury, mortgage rates remained calm. Better mortgage spreads are limiting how high rates can rise in 2025. This situation contrasts with the challenges the market faced in 20

A timeline of what’s happening at the CFPB under Trump

President Trump’s shake-up of the Consumer Financial Protection Bureau continues. On Friday night, Russell Vought, the architect of the Project 2025 plan and the newly confirmed director of the White House Office of Management and Budget, emailed top staffers at the CFPB to inform them that he’d bee

Project 2025 architect Russell Vought takes over CFPB

Russell Vought, an architect of Project 2025 and the current head of the Office of Management and Budget (OMB), is the new acting head of the Consumer Financial Protection Bureau (CFPB), the Wall Street Journal reported late Friday night.Vought emailed top staffers at the agency to inform them that