Interest rates (Discontinued)

HomeInterest rates (Discontinued)

Could coronavirus force a rate cut? by Ryan Smith
Market watchers predict the Fed may be forced to cut rates soon to avoid a financial crisis
Fed announces rate decision by Ryan Smith
The announcement came after a meeting of the central bank’s governing body

Rate Snapshot: Interest rates rise, uncertainty looms by MPA
Uncertainty dominates the stock markets, and industry expert David Shirmeyer suggests locking all loans now.
SEC commissioners speak out about risk retention rule by Rachel.Norvell
The two commissioners who voted against the long-delayed mortgage rule offered some colorful criticism to their colleagues.
Why lenders won’t ease up on mortgage lending standards just yet by Rachel.Norvell
Despite recent efforts made by officials to ease uncertainties among lenders, the industry still has a lot to do before credit begins to expand.

Rates headed up in 2015 – economist by Ryan Smith
Originations will continue to grow in 2015 – but with rates headed toward 5% next year, now is a good time for borrowers to refinance, according to an industry expert
Fed official: End QE on schedule by Rachel.Norvell
Regulator says the Fed should not let the recent financial market turmoil affect the agency’s pledge to end its bond-buying program.
Rate Snapshot: Existing home sales in September jump to highest annual pace by
Yesterday was a big day for the NASDAQ and the stock market; the bond and mortgage markets held quite well given the strong equity market. Also, home sales were up 2.4% to 5.17 million units in September.