Rumored changes to banks' capital requirements for mortgages could result in higher rates, volume shifting to nonbanks and a reduced appetite for MSRs, executives, analysts and trade groups said.
Mortgage rates fell to 6.78%, the biggest weekly drop since mid-March, but depleted levels of inventory means it's little overall relief for homebuyers.
Mortgage rates stay put this week housingwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from housingwire.com Daily Mail and Mail on Sunday newspapers.