Worries that the U.S. housing market may suffer the Fed’s first rate hike in a decade should be put to rest.
Read More »Mortgage Rates Kick off 2016 Under 4 Percent
In a surprising twist of events, mortgage rates are kicking off the New Year under 4 percent, even after the Federal Reserve's decision to raise rates in December.
Read More »Mortgage Applications Plummet over Holiday Break
Shortly after the Federal Reserve's decision to raise the federal funds rate in December 2015, mortgage applications started to fall. Is the Federal Reserve's rate hike to blame or was it really just a seasonal drop off?
Read More »Fed Minutes: Rate Hike a Close Call
The Federal Reserve's daring move to increase the federal funds rate just before the end of 2015 was no surprise to most, but what the mortgage industry did not know was that this initial move would only the beginning of a series of events..
Read More »Interest Rate Hike Outlook for 2016
Remember the interest rate hike that occurred last month? Wondering what's next? Mark Hamrick, Senior Economic Analyst at Bankrate provides some insight on what to expect from the Federal Reserve in the new year and why this is likely to not be the entity's last move.
Read More »Here’s why the Fed’s Rate Hike Will not Affect Housing
As 2016 begins, the jury is still out on what the effect of last month’s long-awaited federal funds rate increase by the Federal Reserve will be on the economy, and on housing in particular.
Read More »So the Fed Raised Rates, Now What?
So now that the rates are higher, mortgage industry professionals are now wondering how this change will be impact their business moving forward into the new year. Several executives sat down with MReport to give their thoughts on if the housing market will thrive, stall, or completely shatter in the near future.
Read More »Which Mortgage Products Should Lenders be Marketing?
Now that the Federal Reserve has raised the federal funds target rate, which will impact interest rates, prospective homebuyers are probably weighing their mortgage financing options.
Read More »It’s Official: The Fed Finally Raises Rates
The Federal Reserve made the long-awaited, much-anticipated announcement on Wednesday afternoon that federal funds target rate will increase by a quarter of a percentage point from its near-zero level where it has been since 2006.
Read More »Rate Hike or no Hike? Home Shoppers Remain Undeterred
Tomorrow all eyes are on the Federal Reserve, and the housing industry could experience a shake not felt in over nine years. The industry has been practically holding their breath anticipating what the Fed may or may not do after the Federal Open Market Committee wraps up its last meeting of the year.
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