Pulte, who temporarily served as the acting director of national intelligence, said Fannie Mae and Freddie Mac did an initial roll out of VantageScore as an alternative to FICO, which has seen incredible success.
The surge in long-term Treasury yields matters far beyond Wall Street because government bonds help establish the baseline for borrowing throughout the economy, including mortgages, business loans and other long-term credit. With the average 30-year fixed mortgage already at 6.67%, according to Freddie Mac, persistently high Treasury yields could make it harder for Americans to buy homes, finance businesses or refinance existing debt.
The average 30-year fixed mortgage rate has risen to 6.66 percent, adding financial strain on prospective homebuyers.
The average 30-year fixed mortgage rate has risen to 6.66 percent, adding financial strain on prospective homebuyers. PULSE POINTS WHAT HAPPENED: The average rate on a 30-year fixed U.S. mortgage has climbed for the fourth consecutive week, reaching its highest level in a year and adding another challenge for prospective homebuyers facing elevated borrowing costs. Mortgage buyer Freddie Mac reported Thursday that the benchmark rate increased to 6.66 percent from 6.58 percent last week, compared with 6.72 percent a year ago. DETAIL: The average rate on a 15-year fixed mortgage, commonly used for refinancing, also rose to 6.04 percent from 5.96 percent the previous week, up from 5.85 percent one year ago. Higher mortgage rates can add…Open
President Donald Trump has announced that Bill Pulte, director of the Federal Housing Finance Agency and chairman of Fannie Mae and Freddie Mac, will serve as acting director of national intelligence after Tulsi Gabbard leaves the post. Gabbard announced her resignation on May 22, after her husband Abraham Williams was diagnosed with a rare form […] The post Pulte Named Acting Director of National Intelligence appeared first on StoneZone .
President Donald Trump has announced that Bill Pulte, director of the Federal Housing Finance Agency and chairman of Fannie Mae and Freddie Mac, will serve as acting director of national intelligence after Tulsi Gabbard leaves the post. Gabbard announced her resignation on May 22, after her husband Abraham Williams was diagnosed with a rare form of bone cancer. Her resignation takes effect June 30. President Trump praised Pulte on Truth Social, saying he has experience managing sensitive matters involving market stability and more than $10 trillion at Fannie Mae and Freddie Mac. Pulte will remain in his housing roles while temporarily leading the Intelligence Community. The DNI oversees 18 intelligence organizations, including the CIA,…Open
President Trump on Tuesday named Federal Housing Finance Agency (FHFA) head Bill Pulte to be the acting head of the Office of the Director of National Intelligence, replacing Tulsi Gabbard, who resigned last month. The move drew immediate fury from Democrats and pushback from Republicans, who questioned whether he had any qualifications for the role. Read More: https://thehill.com/homenews/administration/5906680-trump-names-pulte-acting-intel-chief/ #trump #trumpadministration #tulsi #intelligence
President Donald J. Trump has selected Bill Pulte, head of the Federal Housing Finance Agency, to serve as acting Director of National Intelligence, raising questions about his qualifications for the role.
President Donald J. Trump has selected Bill Pulte, head of the Federal Housing Finance Agency, to serve as acting Director of National Intelligence, raising questions about his qualifications for the role. PULSE POINTS WHAT HAPPENED: President Donald J. Trump has appointed Bill Pulte, the current director of the Federal Housing Finance Agency (FHFA), as acting Director of National Intelligence (DNI) following Tulsi Gabbard’s announced resignation . Pulte will retain his roles as FHFA director and chairman of Fannie Mae and Freddie Mac while serving in this new capacity. WHEN & WHERE: The announcement was made on Tuesday, June 2, 2026, and follows Gabbard’s earlier decision to step down effective June 30. KEY QUOTE: “William has…Open
President Trump named Bill Pulte, the head of the Federal Housing Finance Agency (FHFA), to serve as the acting Director of National Intelligence. In tapping Pulte, Trump turns to an ally who has been behind referring several of his foes for prosecution for alleged mortgage fraud. Pulte would replace Tulsi Gabbard, who resigned last month. Trump also indicated he planned to place him in the role in an acting capacity, a sign Pulte would struggle to gain the Senate confirmation required to serve as Director of National Intelligence. As the chief intelligence officer helping coordinate among more than a dozen agencies within the intelligence community, it’s also highly unusual for anyone in the role to remain as the head of other agencies.…
President Trump tapped Bill Pulte , his unusually prominent Federal Housing Finance Agency director, as the new acting director of national intelligence. The big picture: Pulte, a former private equity CEO, will split time between Fannie Mae and Freddie Mac and a massively important position for the country's national security — an extraordinary dynamic even against the backdrop of other officials wearing multiple hats. - An unlikely strongman of Trump's campaign of political combat, Pulte built a MAGA name for himself laying the groundwork for accusations of fraud against multiple Trump foes. - He also emerged as an integral figure in the president's squeeze on the Federal Reserve. Driving the news: Trump touted Pulte's "deep…
"This rate, combined with the improving availability of homes for sale, is meaningful and will drive more potential buyers into the market for spring homebuying season," said Freddie Mac’s chief economist, Sam Khater
Data: Freddie Mac via Fred ; Chart: Axios Visuals The average rate on the 30-year mortgage dipped below 6% for the first time since 2022, per closely watched Freddie Mac data released Thursday. Why it matters: Lower home loan rates may help juice the housing market, which has been in the dumps since interest rates first spiked four years ago. Between the lines: It's also a boost for President Trump, who boasted about mortgage rates coming down in his State of the Union's address Tuesday. Yes, but: Higher home costs and widespread economic uncertainty is also holding back the real estate market.