Holding the line on interest rates can be good for originators overall, but might have some negative impact in markets with tight inventory
The Fed will likely hold the line on short-term interest rates at its meeting next week
The Federal Reserve said today that it would begin to wind down its $85bn-per-month bond-buying program
Mortgage application volume fell to its lowest level in more than a dozen years last week
Prospective homebuyers may be in for a nasty shock if the mortgage market ever returns to its pre-crisis rates. After a few years of super-low rates, a vast majority of homebuyers think sub-5% mortgage interest rates are normal
St. Louis Fed President James Bullard says recent encouraging economic data makes it more likely that the Fed will reduce its bond-buying program at least slightly this month.
With better-than-expected job growth and new home sales, could the Federal Reserve be about to wind back its $85bn-per-month bond-buying program?
Yellen is widely expected to continue current Fed chair Ben Bernanke's easy-money policies, which have led to historically low interest rates