Iowa Republican Sen. Charles Grassley is “very concerned” about a provision in the financial overhaul bill designed to pay for the legislation, an aide said Thursday, potentially complicating White House efforts to build a filibuster-proof majority to back the measure. If Grassley decides to vote against the bill, Democrats would be left with little margin for error when they bring the bill to the Senate floor, which could happen as soon as next week. Grassley was one of four Republicans to support an earlier version of the bill when it narrowly passed the Senate in May.
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Mark Fleming, First American’s chief economist, said housing market potential climbed to the highest level since January 2018.
The lowest mortgage rates have ever been was around Thanksgiving 2012 when the interest rate for a 30-year fixed-rate mortgage fell to 3.31% (according to Freddie Mac data), but rising panic over the coronavirus could drive rates to lows never seen before. HW+ Premium Content