In the wake of its last meeting of the year, the Fed has announced its decision on whether to hike interest rates – but what does it mean for mortgage rates?
Holding the line on interest rates can be good for originators overall, but might have some negative impact in markets with tight inventory
Fixed mortgage rates rose again this week, while adjustable rates eased somewhat.
Fixed mortgage rates rose slightly this week for the second week in a row
Mortgage applications dropped last week as rates climbed
Many of the 1.2 million people who have taken advantage of HAMP will see their monthly mortgage payments spike as the program expires
Mortgage rates remained relatively flat this week, according to data released Thursday by Freddie Mac
Mortgage rates fell again this week, pushed downward by weaker housing numbers, according to data released Thursday by Freddie Mac