3 metrics in Friday’s jobs report that will affect mortgage rates

All eyes are on the jobs report tomorrow after a string of weak economic reports over the last week. Large-scale layoffs of government workers, President Trump’s back-and-forth tariff policies and a negative forecast for first-quarter GDP have sparked questions about a recession and how that would i

Anthony Hsieh returns to loanDepot as Frank Martell departs

loanDepot founder and controlling shareholder Anthony Hsieh is returning to an operational role at the California-based mortgage lender and CEO Frank Martell is departing.In an announcement made Thursday, loanDepot said Hsieh, the company’s chairman of the board, has returned as executive chairman o

Trump adds Canada to tariff pause on USMCA-compliant goods

Canada has been invited to the tariff pause party.President Donald Trump signed an agreement Thursday for a one-month pause to 25% tariffs on Canadian goods covered by the United States-Mexico-Canada Agreement (USMCA). This includes the majority of materials used in home construction, including lumb