Unexpectedly strong employment figures from the Labor Department have provided another sign that economic conditions have steadied since the coronavirus pandemic forced businesses to close in mid-March. So reports Reuters.

Freddie Mac has appointed a new chief financial officer as it and fellow mortgage giant Fannie Mae move toward a planned exit from government conservatorship. So reports Multi-Housing News.

U.S. long-term mortgage rates have edged higher amid hopes that the economic impact from COVID-19 may have bottomed. So reports the Associated Press.