Items Tagged with 'Rates'

ARTICLES

  • Freddie Mac: Mortgage rates hit highest level this year

    Unsold inventory rises the first time in three years
    Mortgage rates inched forward this week, finally reaching its highest level since June 2017, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater says although the economy is healthy, affordability is still a concern for the housing market.
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  • Freddie Mac: Mortgage rates decline again

    Rates continue to drop
    Mortgage rates continue their declining trend, according to Freddie Mac's latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater says that after a rapid increase throughout most of the spring, mortgage rates have now declined in five of the past six weeks.
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  • Monday Morning Cup of Coffee: Federal Reserve Board to vote on lifting Wells Fargo’s growth restrictions

    Plus St. Louis Fed President James Bullard says further rate increases aren’t necessary
    Following pressure from Sen. Elizabeth Warren, Federal Reserve Chair Jerome Powell has indicated that the Fed's Board of Governors will hold a vote to decide whether or not to lift growth restrictions placed on the megabank. Plus, here's why Capital One putting a stop to mortgage lending is good for its investors.
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  • MBA: Interest rates to increase four times in 2018

    Mortgage Bankers Association expects another two in 2019
    During Thursday’s general economic outlook session at MBA’s Servicing conference, Joel Kan, MBA’s associate vice president of industry surveys and forecasts, said there is an expectation for a rising rate environment, given the domestic economic fundamentals against the job market.
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  • Freddie Mac: 30-year FRM hits 10-week low

    Investors moved to safer grounds after FOMC pushed off rate hike
    Mortgage rates dropped this week after the Federal Open Market Committee declined to raise rates in September. In fact, the 30-year fixed-rate mortgage hit a 10-week low. Freddie Mac’s chief economist explains why.
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  • Freddie Mac: Mortgage rates start to move higher

    Posts largest increase since June 2015
    Mortgage rates started to rise amid market expectations of a possible rate increase by the Federal Reserve. Last week rates fell slightly lower amid expectations of no rate increase by the Fed, but thanks to a recent comment from Fed Chair Janet Yellen, this low-rate environment could start to end.
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  • Yellen: No rate hikes for a while

    Market responds well to news
    In her meeting with the Senate Banking Committee on Tuesday, Federal Reserve Chairwoman Janet Yellen said that it would be awhile before the central bank’s Open Market Committee makes a move on interest rates. A choice the market seems to be happy about.
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