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?
Yellen is widely expected to continue current Fed chair Ben Bernanke's easy-money policies, which have led to historically low interest rates
Fixed mortgage rates shot up this week after stronger-than-expected job gains and home sales
Mortgage applications crept down slightly again for the week ending Nov. 22.
Rates rose slightly in the run-up to Thanksgiving weekend
The conservative Heritage Foundation has announced that it will be "scoring" senators on their votes in the presumptive Fed chair's confirmation.
Now that the Senate has invoked the nuclear option, there seems to be little standing in the way of Rep. Mel Watt’s confirmation as the next head of the FHFA. But what policy changes can the industry expect if he does take the helm?