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?
Mortgage applications were down last week despite a drop in rates
Manufacturers, builders and other goods-producing industries added 51,000 jobs, while payrolls at service providers increased by 230,000. All this and more in today's rate snapshot
Mortgage-backed securities were down 11 basis points this morning, while the 10-year Treasury note rose five basis points. All this and more in today's rate snapshot
The turmoil in Iraq has spread into Syria, although the market hasn't seen much reaction. Janet Yellen is speaking at the IMF conference Wednesday, but it's unlikely she'll rock the boat. All this and more in today's rate snapshot
Next week may be rather quiet for trading volume, but has the makings for extreme volatility
The Fed will likely increase rates sooner than originally thought, according to St. Louis Fed President James Bullard. That and more in today's rate snapshot