The Federal Reserve has signaled that it will continue to hike interest rates sporadically. Now the Congressional Budget Office is projecting just how high rates might go over the next few years
After raising interest rates at its last meeting, the Federal Reserve decided against a rate hike in May – but intimated that further hikes were on the way
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.”
Things are not always as they appear to be, especially in the world's second largest economy. In the U.S., home sales increased by 2.4% last month.
The FHFA director and HUD secretary spoke publicly today about clarifying buyback rules in a bid to ease credit.
Could this be the answer to the housing recovery? The FHA is close to reaching an agreement that would expand credit and possibly give lenders more protection.