Average 15-year fixed-rate mortgage declines to 5.44%, both rates lower than a year ago.
Crédits
Funding includes $700 million for housing-linked lumber demand, $500 million in new loans for large softwood producers, and over $100 million in worker training, expanding on prior $1.2 billion forest sector support.
Bill authorizes $220 million in federal guarantees for sawmills near forest restoration areas.
Financing package includes a $250 million term loan to cover a $350 million green bond maturity in 2026.
15-year fixed rate reaches 5.55%, climbing for second consecutive week.