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Audit, Interest Rate Risk Products; Gov't Program News; Home Builder Interview; Shutdown and Data Releases
Mortgage News Daily· 2025-10-10 15:49
Audit, Interest Rate Risk Products; Gov't Program News; Home Builder Interview; Shutdown and Data Releases The stalemate & shutdown continue, all but eliminating the government release of economic news. Recall that the U.S. Treasury posted a $345 billion budget deficit in August, the largest monthly deficit of 2025 and the 2nd-worst August on record but helped by tariff revenue. This is up from July’s $291 billion deficit and has only been surpassed by last year’s $380 billion deficit. Government spending ...