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 up slightly last week as mortgage rates fell, according to data released Wednesday
Fixed mortgage rates moved lower this week following the release of weaker housing numbers, according to data released today by Freddie Mac
Mortgage applications decreased 0.2% last week
The Federal Reserve will probably cut its bond purchases by another $10bn this week, analysts believe
Fixed mortgage rates drifted lower for the second week in a row this week as inflation remained low, according to data released Thursday by Freddie Mac
Average interest rates for fixed-rate mortgages hit their lowest levels since November last week