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
A decrease in the purchase index, offset by the increase in the refinance index, drove a slip in mortgage loan application volume
Observers say that the Fed will likely hike rates again before the end of the year
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?
The Federal Reserve has announced its decision on whether to hike interest rates again
One analyst predicts that troubling economic signs will force the Fed to abandon its planned rate hikes – and maybe even reverse course