Fed adopts new rule limiting 'too big to fail' bailouts

Fed adopts new rule limiting 'too big to fail' bailouts

New emergency lending policy targets 'broad-based' issues, not specific firms

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Items Tagged with 'mortgage rates'


Freddie Mac: Mortgage rates drift lower

Continue to sit slightly below 4%
Mortgage rates reported little change for the week, with the average 30-year fixed mortgage rate staying just barely below 4%. Freddie Mac Chief Economist Sean Becketti noted that it’s a quiet week leading up to the Thanksgiving holiday.
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Freddie Mac: Mortgage rates barely move

Market awaits potential Fed interest rate hike
Mortgage rates barely wavered after a recent upward trend. Freddie Mac’s chief economist explained that this week the market shrugged off economic data and world events and turned its attention to the minutes of the October FOMC meeting.
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Mortgage applications tumble more than 25% due to TRID

Prior week stole much of the volume
Mortgage applications tumbled 27.6 % from last week, obliterating the prior week’s drastic jump in applications due to the implementation of the new TILA-RESPA integrated disclosure rule. Interestingly enough, there was little change in mortgage rates.
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Trulia: Americans just not worried about mortgage rates rising

Rates would need to rise more than 2% to make a difference
Low rates in part helped push mortgage applications to a surge last week, and rates have held steadily below 4% for 11 weeks. Now Selma Hepp, chief economist at Trulia, argues that it would take a big increase for homebuyers to care that much. A big, big increase.
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Freddie Mac: Mortgage rates plumment further below 4%

Following weak jobs report
Fixed-mortgage rates drastically decreased following a more than disappointing September jobs report. This officially marks the eleventh straight week that rates are below 4%, including the 15-year fixed, which fell below 3% once again for the first time since April of this year.
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