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 rates broke 4% last week for the first time since November as the market reacted to strong employment data
Mortgage applications were down again this week, while both fixed and adjustable rates crept upward
While the Fed probably won't raise the benchmark interest rate in June, newly released minutes show the agency doesn't want to wait much longer
Mortgage applications were down last week as rates increased
Many frustrated shareholders in Fannie Mae and Freddie Mac want the mortgage finance giants released from federal control. But that might not be so great for the mortgage industry, according to a new study