The Fed is expected to continue gradually raising interest rates in 2018, but the president of the St. Louis Fed urges caution along that path to avoid a “yield curve inversion.”
Read More »Fed Retains Rate … For Now
The Federal Reserve has opted not to change its key interest rate. But insiders and others who are in-the-know say that’s likely to change sooner than later.
Read More »Fed Remains Stagnant
The Federal Open Market Committee held its sixth meeting on Wednesday to discuss monetary policy and the potential of an interest rate hike, which is expected to happen at least once before the close of 2017.
Read More »Cleveland Federal Reserve: Be Careful with Rate Hikes
The President of the Cleveland Federal Reserve, Loretta Mester, offers advice on monetary policy, interest rate hikes, and an outlook on the economy in an official statement.
Read More »FOMC: Economy Strong Enough to Raise Interest Rates
The Federal Open Market Committee voted Wednesday to raise interest rates for the second time this year to 1-1.25 percent, a move that was widely expected amongst economists and industry professionals and described as “prudent” by FOMC Board of Governors Chair Janet Yellen. Back in March, they voted to increase the rate a modest quarter of a point to maintain the Fed’s goal of maximum employment and market stability. The FOMC is of the opinion that waiting too long to scale back accommodations could potentially cause a rapid increase in rates, which could disrupt the market and send the economy into another recession.
Read More »FOMC Convenes: What Could Happen to Mortgage Rates
On Wednesday the Federal Open Market Committee is set to finish its June meeting, and it is widely expected that they will raise interest rates in order to stabilize the economy, despite inflation holding at around 2 percent. In May, when they last met, members of the board chose to keep interest rates at their current level. What might an increase mean for mortgage interest rates? One expert believes it might not impact the mortgage market at all.
Read More »Interest Rates Continue Trend
The FHFA reported increased interest rates alongside decreasing loan amounts.
Read More »Rising Interest Rates to Help MSR Holders
Moody’s says rising interest rates will soon bring relief to non-mortgage banks currently holding hold interest-rate-sensitive mortgage servicing rights.
Read More »Morningstar Predicts Drop in Prepayments
Analysts say they expect tighter interest rates to lead to fewer borrowers making early payments.
Read More »Fed: U.S. Economy is ‘Not Running Hot’
Rates remaining low should not trigger any bubble-and-bust dynamics in the near future, according to Fed Governor Daniel Tarullo.
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