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?
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
Interest rates continued to drop this morning, and US and European stock markets also opened lower. Meanwhile, Q2 corporate profits were the best in four years. This and more in today's rate snapshot
MBS prices are grinding slowly higher, and stocks opened up this morning. This and more in today's rate snapshot
The stock and bond markets were off to a better start this morning, but July new home sales, expected to be up, were down 2.4%. This and more in today's rate snapshot
Loan originators need to be willing to take advantage of educational opportunities
June existing home sales were up 2.7% to 5.15 million, while jobless claims lowered fractionally. This and more in today's rate snapshot