Market watchers predict the Fed may be forced to cut rates soon to avoid a financial crisis
The announcement came after a meeting of the central bank’s governing body
Uncertainty dominates the stock markets, and industry expert David Shirmeyer suggests locking all loans now.
The two commissioners who voted against the long-delayed mortgage rule offered some colorful criticism to their colleagues.
Despite recent efforts made by officials to ease uncertainties among lenders, the industry still has a lot to do before credit begins to expand.
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
Regulator says the Fed should not let the recent financial market turmoil affect the agency’s pledge to end its bond-buying program.
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.