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?
With tension between Russia and the US over the downing of a Malaysian airliner, increased fighting between Israeli troops and Palestinians, and ongoing confrontation in Iraq, geopolitical issues are dominating the markets this morning. All this and more in today's rate snapshot
Markets fell yesterday on news of the crash of a Malaysian airliner in Ukraine. Putin warned that increased sanctions on Russia in response to the incident would boomerang back on the US economy. This and more in today's rate snapshot
Fixed rates moved down slightly this week amid light economic reports, according to data released by Freddie Mac
Treasuries and MBS opened strong today after price declines over the last two days, with MBS rising 11 basis points. Meanwhile, weekly jobless claims are expected to rise. All this and more in today's rate snapshot
MBS and Treasury prices were down this morning, and Janet Yellen is before the House Financial Services Committee today. This and more in today's rate snapshot
The head of the Federal Reserve says the housing recovery isn’t moving fast enough – due in part to last year’s mortgage-rate spike