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 stayed relatively steady this week as Congress remained at loggerheads over the debt ceiling and little new economic data was released
President Barack Obama’s nomination of Janet Yellen to chair the Federal Reserve may be good news for the mortgage industry, but could ultimately hold little sway over stimulus policy
Average fixed mortgage rates fell for the third consecutive week as consumer confidence slid and the federal government shut down
A Federal Reserve official says that if the government shutdown continues, the Fed is less likely to wind back its $85bn-per-month bond-buying program at its October meeting
The average interest rate on the 30-year fixed-rate mortgage fell to a nine-week low this week following the Federal Reserve’s decision to maintain its $85bn-per-month bond-buying program
The economy will continue to grow over the next year in spite of higher interest rates thanks to record housing affordability and other factors, according to a new report