The Federal Reserve announced the decision after a meeting of its board of governors
Market observers are nearly certain the Fed will hike rates this week, and again in December
Following a week of climbing mortgage interest rates, industry figures have spoken out on how they’re reacting to new home loan highs
A new proposal that could see “too big to fail” banks shrink in size has been met with harsh criticism from industry figures who say it could deter lending
The most recent uptick in interest rates is influencing originators to prioritize home purchase loans, rather than refinances.
The recent uptick in interest rates is signaling the end of an era of super low interest rates.
Jumbo mortgages are traditionally associated with luxury homes and other residential properties typically located in neighborhoods where higher costs of living tend to keep middle and working class house hunters away.
More than 100 forecasters in a national survey said they expect the home values to reach an average of 5.4 percent year-over-year and that current Federal Reserve policies post some risk of re-inflating the housing bubble.