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
Despite record profits, Fannie Mae and Freddie Mac would still need billions of dollars from the Treasury in the event of another housing meltdown
Refis were up in the first quarter, the result of lower mortgage rates
Mortgage applications dropped last week, while refis hit their lowest level since September
The Fed's soft outlook on rate hikes means business as usual for mortgage rates -- but bond traders still expect rates to rise this year
Fixed rates remained near 2015 lows this week, according to Freddie Mac
In a speech Wednesday, the outspoken senator called on lawmakers to cap the size of the largest financial institutions and limit emergency lending by the Fed to troubled institutions.