Here are the 20 hottest housing markets right now

Here are the 20 hottest housing markets right now reveals where demand and prices are sizzling

Mortgage closing costs drop 7% to $1,847

Origination fees dropped but third-party costs rose

Monday Morning Cup of Coffee: G-fees won’t pay for highways

Fed inaction leaves analysts strongly neutral on mortgage bonds

Items Tagged with 'Federal Reserve'


Trending Thursday: Is the job description “financial press” or “palace guard?”

From the Fed to FannieGate, plus the impact of banking regulations and more
A lot of people are suggesting that many of the mainstays in the financial press aren’t asking the right questions in coverage — from the Fed to FannieGate. Truth, or trolls? Plus credit conditions and the impact of regulations on mortgage banking. Read on, brave soul.
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Beige Book: Housing continues positive trend

All 12 Federal Reserve districts post economic expansion
All 12 Federal Reserve Districts continued to record that economic activity expanded from mid-May through June, with positive reports on the residential real estate market. Here’s how the 12 districts fared.
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Monday Morning Cup of Coffee: Housing isn’t providing the Goldilocks spot for rates

The Fed is under the spotlight, innovations in GSE risk-sharing and more
This week the Fed will be answering to Congress and while there are a dozen other burning questions, the one housing and mortgage finance is watching closest starts with “interest” and ends with “rates.” Plus, the dangers of being a Realtor, as the search for a missing Realtor reaches four weeks.
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Yellen reiterates rates likely to increase this year

Will the Fed finally begin normalizing monetary policy?
Federal Reserve Chair Janet Yellen reaffirmed in a speech to The City Club of Cleveland that she still expects it will be appropriate later this year to take the first step to raise the federal funds rate. However, in this speech, Yellen includes two things that could restrain economic growth.
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Federal Reserve still hesitant to raise rates

Meeting minutes show only 1 FOMC member wanted to raise rates in June
The minutes from the June meeting of the Federal Open Market Committee show that nearly all the committee members and the Federal Reserve are still hesitant to increase the federal funds rate. So when is FOMC going to raise rates?
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Monday Morning Cup of Coffee: CFPB under the gun again

Plus disparate impact, what the Fed is doing, #FannieGate and more
Today could be a big legal day for housing, as the Supreme Court will determine whether housing policy is subject to the onerous burdens of “disparate impact.” Plus, housing metrics for the week, the mixed outlook on what the Fed will do with rates, more investigations of the CFPB and a whole lot more you won’t want to miss.
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Yellen: A rate increase in 2015 is possible

And most of the committee agrees
A federal funds rate increase this year is possible given current economic data, Fed Chair Janet Yellen said in a press conference on Wednesday after the Federal Open Market Committee June meeting announcement. And what's more, most participants agree with her.
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