In March, the U.S. Federal Reserve increased interest rates by a quarter of a point to address rising inflation and a litany of other economic problems stemming from the COVID-19 pandemic. Among other things, this interest rate increase was expected ...
Read More »Federal Reserve Increases Interest Rates
The Federal Reserve raised the nominal interest rate on Wednesday, for the first time since 2018, citing factors such as surging inflation and the growing military conflict in Ukraine.
Read More »Refis Reduce Mortgage Payments by $1.3B a Month
Black Knight Inc., has released the latest iteration of it Mortgage Monitor Report which looks at how rising interest rates affect the dynamics of the refinance lending market. According to Black Knight Data & Analytics President Ben Graboske, historic refinance activity during the pandemic resulted ...
Read More »Webinar Recap: ‘Turn Distress Into Success in 2022’
A recent webinar covered the future of the real estate market and what REO agents can do stand out among a field of asset managers.
Read More »Higher Mortgage Rates Boosting Buyer Urgency
Home prices ticked up unseasonably and fast sales became more common in October. Here’s why “FOMO” is a factor in the current red-hot housing market.
Read More »Fed: No Change in Interest Rates Until Economy Recovers
The Federal Reserve also announced that it intends to increase its holds of mortgage-backed securities over the coming months. Click through to read more.
Read More »Industry Reacts to Fed’s Coronavirus Response
In a statement, the Federal Reserve said the disease poses “evolving risks to economic activity” just a month after Jerome Powell said he didn’t feel there was a need for further reductions.
Read More »Fed Keeps Interest Rates Steady
The Federal Open Market Committee will be looking at global economic indicators when determining its next rate decision.
Read More »Fed’s Jerome Powell Says Economy Will Continue to Grow
Despite continued growth, the housing sector must stay strong to keep the economy moving in the right direction.
Read More »Industry Reacts to Fed’s Latest Cut to Interest Rates
Could another rate cut be in picture for the FOMC’s meeting in January 2020? Click through to find out.
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