Mortgage finance fresh Fed minutes signaled a cautious

Fresh Fed minutes signaled a cautious rate stance, boosting sentiment for mortgage finance players. With 30-year fixed rates steadying near 6.85%, mortgage-backed securities (MBS) trading volumes rose, supporting valuations in Fannie Mae and Freddie Mac-linked equities. The APR, or annual percentage rate, on a 15-year fixed mortgage stands at 5.43%. In short, it sounds like you’re mostly looking for a tax loophole in avoiding paying taxes on your RMDs through acquiring a loan on your mother’s house. “That really will not happen based on the information you provided,” says Pulliam. “You would be better off consulting a CPA or tax and estate attorney and see what options they come up with for you. With that said, I urge caution in this pursuit. You could wind up losing more by way of retirement savings than any potential tax savings to be had by taking on a home loan for your mother.” The mortgage finance space may benefit from stabilising Treasury yields, as a softer CPI print last week sparked hopes for an earlier Fed pivot. Lower rates could reignite refinancing demand and boost net interest margins.