The newest numbers from the U.S. Bureau of Labor Statistics weave a familiar tale. Industry experts cut through the numbers to reflect on the effect of the current jobs market on the housing industry.
Read More »Mortgage Rates Continue Steady Climb
Mortgage rates have risen for the third week in a row, hitting a high not seen in over a month. Rates are expected to continue to rise, but by how much?
Read More »The Week Ahead: Bank of America Q2 Results
On Monday, Bank of America will release its second-quarter results. Here’s what else is in store in The Week Ahead.
Read More »Fed Housing Survey Results Might Surprise You
A recent report by the Fed attempts to gauge the health of the United States economy, in the process providing insights into the health of the housing market ...
Read More »Banking Committee Votes Aye on Clarida Nom
The nominations of Richard Clarida for Vice-Chairman of the Fed and Michelle Bowman for Member of the Board of Governors of the Fed is now headed for a Senate vote. Click through for the details.
Read More »How Fed Rate Hikes Impact Borrowers
With the FOMC meeting beginning on Tuesday and a rate hike expected after it, experts weigh in on what another hike in interest rates would mean for mortgage lenders and borrowers.
Read More »All Eyes on Clarida and Bowman for Fed Top Jobs
The nominee for Vice Chair at the Federal Reserve gave his testimony along with Michelle Bowman who is nominated to be a member of the Fed’s Board at a hearing by the Banking, Housing, and Urban Affairs Committee. What did they say?
Read More »Fannie Mae: Housing Market Headwinds are Temporary
The housing market might have had a rough start to the year, but according to Fannie Mae’s Economic and Housing Outlook released on Monday, this quarter seems to ...
Read More »Mortgage Rates to near 5% in Q4 2018
Mortgage rates and home sales are expected to rise in 2018 according to the latest economic and housing outlook by Fannie Mae. The report expects mortgage rates to ...
Read More »Senate Banking Committee Grills Jerome Powell
The Fed Chair nominee faced questions from both sides of the aisle, during which he called for smarter regulation, described cybersecurity as one of the primary threats to the financial system, and described housing reform as “unfinished business.”
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