Mortgage Mix: Rates Peak as Fed Members Float Possibility of Another Interest Rate Hike
Editor’s Note: The Mortgage Mix is RISMedia’s highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. ...
Tag: Federal Reserve
Fed Unanimously Raises Rates With Housing Market ‘Losing Momentum’
After their long-awaited meeting, the Federal Open Market Committee (FOMC) unanimously voted to raise federal funds rates by a quarter ...
Inflation Still Elevated, Fed Path to Rate Hike Grows More Clear
Inflation saw no unexpected moves as the Iran war keeps the situation elevated, according to the latest data from the ...
Global Tensions and High Prices Squash Consumer Outlook Ahead of Fed Decision
Agents and brokers are likely to continue encountering hesitant consumers, as the University of Michigan reports that preliminary sentiment dropped ...
Home Sales on 3-Month Skid; Future Rests in Fed’s Hands
Existing-home sales fell at a faster rate in the latest report by the National Association of Realtors® (NAR) on Thursday. ...
Labor Market Rebounds, Beating Expectations and Showcasing Resilience
While the labor market briefly bowed under pressure this summer, August’s jobs numbers have “rebounded in a big way,” as ...
Fed Observes Job Trends Ahead of Meeting, Waller Sees ‘Signs of Disinflation’
Above, Fed Governor Christopher Waller As the Federal Open Market Committee’s (FOMC) next meeting quickly approaches, real estate professionals are ...
Fed Will ‘Act Decisively’ to Raise Rates If Inflation Not Moderating, Says Barr
In a Sept. 1 speech at the Second Chance Lending Forum in Washington, D.C., focusing on the economic outlook and ...
In First Jackson Hole Speech, Fed Chair Kevin Warsh Remains Guarded on Rate Changes
Above, Federal Reserve Chairman Kevin Warsh Real estate professionals anxiously awaiting lower mortgage rates may not see a decrease anytime ...
Inflation Ticks Back Up, Reaches Nearly Double Fed’s 2% Goal
Inflation slowly ticked back up according to the Bureau of Economic Analysis (BEA) in its latest report, coinciding with several ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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