The Fed announced its decision moments ago
Observers have seemed nearly certain that the Fed will hike rates later this month – but at least one Fed official is counseling patience
In its recent report, the CFPB uncovered several issues relating to mortgage origination violations.
Compared to Tuesday the stock market was quiet yesterday,the bond and mortgage markets slightly better but nothing substantial and still bearish Today we get some key data with February retail and sales.
Another decline from current oil prices and the selling is very likely to resume taking the price down in another leg lower. If that happens stocks are going to fall further and we will have another opportunity at lower mortgage rates. It
With the positive unemployment report this morning the momentary concern is the first rate hike has returned to June from later this year.
When will rates rise? No one knows, not even the Fed.
Since the president’s action to lower FHA premiums, economists have tried to estimate the number of existing borrowers that could benefit from the reduction, and the Urban Institute is no different.