Trump directs GSEs to buy $200B in MBS to push mortgage rates lower
President Donald Trump said Thursday that he is directing representatives at the government-sponsored enterprises (GSEs) to purchase $200 billion in mortgage-backed securities (MBS), a move he said is intended to bring mortgage rates down. “Because I chose not to sell Fannie Mae and Freddie Mac in m
Unexpected retirement expenses can strain senior homeowners
A new analysis from the Center for Retirement Research at Boston College finds that nearly all retirees face surprise costs each year — from roof repairs to dental work — and a large share lack the cash to absorb even one year of these expenses. The result can be financial stress, forced asset sales
Toll Brothers announces Karl Mistry as new CEO, Doug Yearley to become Executive Chairman
Toll Brothers announced on Wednesday that Karl Mistry will be the company’s next CEO, replacing Doug Yearley, who will transition to the role of Executive Chairman of the Board on March 30. Mistry will take the helm at a time when Toll Brothers is leaning on its resilient, high-income buyers to nav
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