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?
Freddie Mac is predicting a gradual rise in fixed mortgage rates in response to the Federal Reserve’s continuing reduction in its bond buys
The Federal Reserve, as expected, announced a further taper of bond buys today. The Fed also moderated its outlook for yearly economic growth following a less-than-stellar first quarter
Housing starts fell in May for the first time in four months, and the Fed's governing committee, meeting today and tomorrow, is expected to taper another $10 billion. All this and more in today's rate snapshot
The Fed's governing committee meets this week and is expected to cut another $10 billion from its monthly bond buys. Meanwhile, the Iraq situation escalated over the weekend with Sunnis claiming that they've assassinated Shiite militia. All that and more in today's rate snapshot
Early trades had MBS prices lower today, and markets were rattled on news that militants in Iraq were gaining control of northern cities. All this and more in today's rate snapshot
Fixed rates were up this week, according to data released Thursday by Freddie Mac