As broadly predicted, the Fed hiked the benchmark interest rate this week. But what does that mean for originators?
The Federal Reserve has announced its decision on whether to hike interest rates again
The Fed will end its bond-buying program next month as scheduled. Now is the time for borrowers to get a mortgage while rates are low
Consumer prices were down in August for the first time since April of 2013, and mortgage applications increased last week after dropping off the week before. This and more in today's rate snapshot
Fixed and adjustable rates were up this week following increased bond yields
Applications dropped sharply last week, while refis hit their lowest level since 2008
Ukraine and Russia have agreed on steps toward a cease-fire, and stocks opened up this morning. This and more in today's rate snapshot
Interest rates opened higher this week, while MBS prices were down from Friday's close. Meanwhile, employment numbers are due out this week, with little change expected