Flat Branch Home Loans CEO Karen Kreutziger Powell Testifies on VA Home Lending Before Committee on Veterans’ Affairs Subcommittee
Karen Kreutziger Powell, CEO of Flat Branch Home Loans, testified Wednesday at a hearing on pending legislation before the Committee on Veterans’ Affairs Subcommittee on Economic Opportunity.
MBA: May New Home Purchase Mortgage Applications Increased 13.8%
The Mortgage Bankers Association Builder Application Survey data for May 2024 shows mortgage applications for new home purchases increased 13.8% compared to a year ago. Compared to April 2024, applications increased by 1%.
Fed Holds Rates Steady
The Federal Reserve held rates steady Wednesday and now projects only one rate cut in 2024.