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
This week will be filled with key economic reports, from Fed Chair Janet Yellen speaking to congress Tuesday and Wednesday to retail sales, import and export prices and business inventories. This and more in today's rate snapshot
Treasury bonds and mortgage-backed securities started soft in early trading, with MBS down 14 basis points. Meanwhile the minutes of the Fed's latest meeting will be released this afternoon. All that and more in today's rate snapshot
Applications were up last week, while rates also crept back upward after dropping the week before
Consumer credit data from May will be reported today and is expected to be down from April. This and more in today's rate snapshot
The unemployment rate fell to 6.1% in June, getting close to what economists see as full employment. That and more in today's rate snapshot
Mortgage applications were down last week despite a drop in rates