Tag Archives: Michele Raneri

As widely expected by many, the Federal Open Market Committee chose to leave the nominal interest rate alone moving into next year, based on a litany of data.

As mortgage rates advanced upward to levels last seen 20 years ago, the MBA reports overall application volume slipping yet again after a quick one-week rebound.

New-to-credit consumers on the rise, with credit cards being the most common option.

At the end of the Federal Open Market Committee’s November meeting, Federal Reserve Chairman Jerome Powell indicated ongoing rate hikes will be necessary to tamp inflation down to the target rate of 2%.