Mortgage rates cool down as the spring housing market marches on

Mortgage market conditions have improved slightly as the calendar is set to flip to May, but anyone expecting sub-6% rates at the start of the year will be disappointed.Data at HousingWire’s Mortgage Rates Center on Tuesday showed that 30-year and 15-year conforming rates were averaging 6.95% and 6.

Appeals court restores ban on CFPB mass layoffs

A U.S. appeals court on Monday restored a temporary block on mass layoffs at the Consumer Financial Protection Bureau, allowing employees to keep their jobs for the time being despite the Trump administration’s plan to cut the agency’s staff by 90%.On Monday, Judges Cornelia Pillard and Gregory Kats

Foreclosure auctions rise in Q1 after VA moratorium expires

Foreclosure auction activity across the U.S. rose to a six-quarter high during the first three months of 2025, fueled by a surge in properties that hit the market after the expiration of post-pandemic protections, according to a report from Auction.com.Completed foreclosure auctions were up 20% from