The Federal Reserve kept interest rates unchanged after the latest FOMC meeting, but what does this mean for the mortgage landscape as inflation creeps closer to the Fed’s target?
Read More »Freddie Mac Forecasts Housing Market Status Through 2019
Freddie Mac has released its latest Outlook, breaking down the state of the housing market in April 2018 and examining where things are likely to head over the ...
Read More »After Fed Hike, Mortgage Rates Could Rise Again
On Wednesday, after Jerome Powell's first Federal Open Market Committee (FOMC) meeting as Fed Chair, the Federal Reserve announced that it had increased the Fed funds rate by ...
Read More »How will Fed Rate Hikes Affect Housing?
The meeting of the Federal Open Market Committee (FOMC)—the policy-making arm of the Federal Reserve begins today. This is also the first time that the meeting is being ...
Read More »The Week Ahead: Gauging Existing Home Sales
The National Association of Realtors (NAR) will publish the data on the sale of existing homes for February, on Wednesday, March 21, at 10 a.m. EST. The monthly ...
Read More »Powell’s Congressional Testimony Backs Further Interest Rate Hikes
On Tuesday, Federal Reserve Chairman Jerome Powell made his first appearance before Congress since being sworn into the role. Remarking on the strengthening U.S. economy, Powell told Congress that “some ...
Read More »Interest Rate Uncertainty Spurs Stock Market Drops
The Dow Jones industrial average closed down 1,200 points on Monday, after having dropped 1,500 points earlier in the day. This came on the heels of a 666-point ...
Read More »Mortgage Rates Continue Upward Trend
The expectation on future hikes by the Federal Reserve as well as increased borrowing by the U.S. Treasury drove mortgage interests up according to the Primary Mortgage Market ...
Read More »Don’t Fund CFPB In Q2 Mulvaney States
The Acting Director of the consumer agency has requested for zero funding for its Q2 operations. Here’s why...
Read More »Powell and Montgomery Noms Back on Track for Full Senate Vote
The Senate Committee on Banking, Housing, and Urban Affairs today met to revisit the nominations of Jerome Powell as Chairman of the Board of Governors of the Federal Reserve ...
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