While the president had harsh words for Yellen during the campaign, sources say he will discuss the possibility of her staying on for another term in the Fed’s top spot
The average rate for the 30-year fixed mortgage posted its biggest increase since July
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?