Banking

Enough is enough: It’s time for mortgage rates to rise 

Testimony Wednesday at the House Financial Services Committee called together a nice range of mortgage finance players. From the big-time originators and secondary market players, to academics and finally the trade groups, the industry was fairly represented.

It is something HousingWire follows very closely, especially in determining the future of the government-sponsored entities — those institutions charged with keeping housing affordable.

Lately, keeping housing affordable is equated to keeping mortgage rates low.