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?
The Fed will likely hold the line on short-term interest rates at its meeting next week
The dollar rose after a report showed U.S. jobs growth exceeded forecasts, backing the case for the Fed to continue raising interest rates this year
The chair of the Federal Reserve says the benchmark interest rate, held near zero for nearly seven years, will likely go up this month
A new bill would require the Fed to be more transparent in how it arrives at its decisions on monetary policy
Experts say the Fed may be hinting at a rate hike in as little as six weeks
The chair of the Federal Reserve says that interest rates will almost certainly rise before the year is out