Fed indicates rate hike, but mortgage rates are murkier
Fed indicates rate hike, but mortgage rates are murkier
A rate hike is “appropriate” The Federal Reserve is poised to raise rates at its March 15-16 meeting — the first of seven possible rate hikes expected this year. The […]
The post Blog first appeared on MilitaryVALoan.com.
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A rate hike is “appropriate” The Federal Reserve is poised to raise rates at its March 15-16 meeting — the first of seven possible rate hikes expected this year. The […]
The post Blog first appeared on MilitaryVALoan.com.
A rate hike is “appropriate” The Federal Reserve is poised to raise rates at its March 15-16 meeting — the first of seven possible rate hikes expected this year. The […]
The post Blog first appeared on MilitaryVALoan.com.
A rate hike is “appropriate” The Federal Reserve is poised to raise rates at its March 15-16 meeting — the first of seven possible rate hikes expected this year. The […]
The post Blog first appeared on MilitaryVALoan.com.
A rate hike is “appropriate” The Federal Reserve is poised to raise rates at its March 15-16 meeting — the first of seven possible rate hikes expected this year. The […]
The post Blog first appeared on MilitaryVALoan.com.
The Federal Reserve just announced a hike in interest rates. So far, it hasn’t dramatically raised mortgage rates.
The Federal Reserve just announced a hike in interest rates. So far, it hasn’t dramatically raised mortgage rates.
Freddie Mac's survey shows mortgage rates above 6% ahead of the Fed's much-anticipated interest rate hike next week.
The post Mortgage rates rise ahead of expected Fed rate hike appeared first on HousingWire.
Freddie Mac's survey shows mortgage rates above 6% ahead of the Fed's much-anticipated interest rate hike next week.
The post Mortgage rates rise ahead of expected Fed rate hike appeared first on HousingWire.
What most of us have been anticipating is finally here. Home sales are slowing down after months of strong housing demand and price hikes. Things are slowing down a bit in real estate as a housing slowdown is occurring over the past few weeks. Sleepy towns where housing prices were pushed up due to the displacement of remote workers are seeing drops in home prices as of late. According to Fed chair Jerome Powell, activity in the 2022 US housing market is showing signs of weakness. The Nation...
What most of us have been anticipating is finally here. Home sales are slowing down after months of strong housing demand and price hikes. Things are slowing down a bit in real estate as a housing slowdown is occurring over the past few weeks. Sleepy towns where housing prices were pushed up due to the displacement of remote workers are seeing drops in home prices as of late. According to Fed chair Jerome Powell, activity in the 2022 US housing market is showing signs of weakness. The Nation...
After a couple of new government-sponsored enterprise-backed mortgage servicing rights deals went up for bid following the federal officials’ latest interest rate hike, some in the market opined on how MSR buyers and sellers may change their strategies going forward.One of the portfolios up for sale, a $4.8 billion MSR package that the Mortgage Industry Advisory Corp. put up for bid, involves a portfolio with a fairly typical California concentration and the following weighted averages: loan ...
After a couple of new government-sponsored enterprise-backed mortgage servicing rights deals went up for bid following the federal officials’ latest interest rate hike, some in the market opined on how MSR buyers and sellers may change their strategies going forward.One of the portfolios up for sale, a $4.8 billion MSR package that the Mortgage Industry Advisory Corp. put up for bid, involves a portfolio with a fairly typical California concentration and the following weighted averages: loan ...
Federal Reserve Bank of Atlanta President Raphael Bostic said policy makers could potentially pause interest-rate increases in September after hiking by a half point at each of their next two meetings.
Federal Reserve Bank of Atlanta President Raphael Bostic said policy makers could potentially pause interest-rate increases in September after hiking by a half point at each of their next two meetings.
Samuel Corum/Bloomberg In the long-term, the Federal Open Market Committee's 75 basis point hike will help the mortgage industry if it calms inflation, some originators said.Right now, it is likely to exacerbate existing trends impacting production, especially around affordability and inventory.During his remarks on Wednesday, Fed Chairman Jay Powell said home buyers, particularly younger ones, "need a bit of a reset. "We need to get back to a place where supply and demand are back tog...
Samuel Corum/Bloomberg In the long-term, the Federal Open Market Committee's 75 basis point hike will help the mortgage industry if it calms inflation, some originators said.Right now, it is likely to exacerbate existing trends impacting production, especially around affordability and inventory.During his remarks on Wednesday, Fed Chairman Jay Powell said home buyers, particularly younger ones, "need a bit of a reset. "We need to get back to a place where supply and demand are back tog...
Potential homebuyers stayed on the sidelines the week of Nov. 4, causing mortgage demand to dip as the Fed announced another interest rate hike.
Potential homebuyers stayed on the sidelines the week of Nov. 4, causing mortgage demand to dip as the Fed announced another interest rate hike.
Economists are divided on whether slower U.S. consumer-price growth for July means the Federal Reserve could ease its aggressive rate-hiking program, making 75 basis-point moves less definite.The consumer price index increased 8.5% from a year earlier, cooling from the 9.1% June advance that was the largest in four decades, Labor Department data showed Wednesday. Prices were unchanged from the prior month. Markets are now pricing in the likelihood of a 50 basis-point increase in September ra...
Economists are divided on whether slower U.S. consumer-price growth for July means the Federal Reserve could ease its aggressive rate-hiking program, making 75 basis-point moves less definite.The consumer price index increased 8.5% from a year earlier, cooling from the 9.1% June advance that was the largest in four decades, Labor Department data showed Wednesday. Prices were unchanged from the prior month. Markets are now pricing in the likelihood of a 50 basis-point increase in September ra...