While the president had harsh words for Yellen during the campaign, sources say he will discuss the possibility of her staying on for another term in the Fed’s top spot
The average rate for the 30-year fixed mortgage posted its biggest increase since July
Last month, the probability of another rate hike this year was only one in three. Today’s jobs numbers just caused that probability to soar
The numbers have been crunched and these are the best states to target AAA clients
A decrease in the purchase index, offset by the increase in the refinance index, drove a slip in mortgage loan application volume
Observers say that the Fed will likely hike rates again before the end of the year
Rates also took a breather after three weeks of consecutive increases
As broadly predicted, the Fed hiked the benchmark interest rate this week. But what does that mean for originators?