Holding the line on interest rates can be good for originators overall, but might have some negative impact in markets with tight inventory
The Fed will likely hold the line on short-term interest rates at its meeting next week
Despite recent efforts made by officials to ease uncertainties among lenders, the industry still has a lot to do before credit begins to expand.
Originations will continue to grow in 2015 – but with rates headed toward 5% next year, now is a good time for borrowers to refinance, according to an industry expert
Regulator says the Fed should not let the recent financial market turmoil affect the agency’s pledge to end its bond-buying program.
Yesterday was a big day for the NASDAQ and the stock market; the bond and mortgage markets held quite well given the strong equity market. Also, home sales were up 2.4% to 5.17 million units in September.
The long-awaited finalization of the rule draws closer as half of the regulators in charge of writing it agreed on more relaxed mortgage lending standards today.
MBA officials challenge regulators to put an end to the “relentless cycle of penalties.”