In congressional testimony, Federal Housing Finance Agency director Mark Calabria defended Fannie Mae and Freddie Mac’s new 0.5% adverse market fee on certain refinances. So reports Seeking Alpha.

Mortgage lenders haven’t been this choosy about to whom they will lend money to in several years. So reports MarketWatch.

Mortgage rates have remained at or near their historic lows as the Federal Reserve has continued to signal that it will maintain a loose monetary policy to prop up the coronavirus-battered economy. So reports Moneywise.