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 »There’s No Escaping Rising Mortgage Rates
With fluctuating mortgage rates under watch, many are speculating about what the future of mortgage rates will look like in the years to come, especially with the possibility of GSE reform.
Read More »Down, Down, Down for Mortgage Rates
Many analysts were predicting that mortgage interest rates would rise up into the 4.5 percent to 5 percent range by the end of 2017. But since the start of the year, they are headed in the other direction.
Read More »Industry Insight: Changes in Mortgage Pricing
John Ardy, CEO of Resitrader, gives insight into what mortgage trends he is currently seeing, the opportunities and challenges that come with these trends, and what industry shifts are anticipated for 2017.
Read More »Ask the Economist: The Election’s Short-Term Impact on Housing
Zillow Senior Economist Skylar Olsen spoke with DS News about housing trends that have quickly changed in the past few weeks, and election results may be the catalyst.
Read More »Fed Rate Hike May Come More Sooner than Later
Is the latest mortgage market data indicative of an economy that is ready for the Fed to raise the federal funds target rate?
Read More »Mortgage Round-Up: Rates Slip Near 2016 Lows, Applications Drop
Rates fell a bit lower this week, but buyers did not hurry to take out a mortgage loan. On top of that, mortgage credit has tightened this month, which could be the reason that buyers were unable to purchase a home.
Read More »Where are the Most Overleveraged Mortgage Debtors?
Homebuyers often bite off more than they can chew when purchasing a home which can place them into mortgage debt due because they can no longer afford the home. See which cities host the most overleveraged borrowers.
Read More »What do Sinking Mortgage Rates Mean for the Market?
Mortgage interest rates continued their downward pattern this week, reaching their lowest level since February of last year.
Read More »Mortgage Rates Climb for the Second Time This Year
Interest rates for mortgage loans, which continue to remain at historic lows, saw another increase for the second time this year.
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