Today’s episode of The Big Picture with Rich & Rob featured an in-depth conversation with Chris Bennett of Vice Capital Markets, offering valuable insights into the shifting mortgage and housing landscape. The discussion explored the potential impacts of a Trump 2.0 administration, including speculation on dismantling the CFPB, ending GSE conservatorship, and slashing regulations. The trio also examined the 5.2% increase in the conforming loan limit to $806,500, the bond market’s reaction to Scott Bessent’s Treasury Secretary nomination, and CFPB Director Chopra’s aggressive final moves targeting data brokers and mortgage brokers.

Chris shared his expert analysis on the current mortgage rate climate (still around 7%), inflationary pressures, and the possible outcomes of the December Fed meeting. He highlighted key trends in the secondary market, including investor behavior, and discussed how the release of GSEs from conservatorship might influence mortgage rates. Wrapping up, Chris provided his 2025 rate forecast and actionable insights for lenders and borrowers preparing for future market conditions. It was an engaging, knowledge-packed episode that provided clarity on pressing industry questions. Stay tuned for more impactful discussions next week!