Mortgage rates ease for 2nd consecutive day on inflation data
'Quantitative tightening' — the Federal Reserve's moves to trim $35B in mortgages from its balance sheet each month — could keep mortgage rates from falling dramatically this year
by Matt Carter Mar 1
Purchase loan applications once again at lowest level since 1995
Mortgage rates are climbing back toward 2023 highs as more inflation data comes in hot, spurring fears of another Federal Reserve rate hike in November and 'higher for longer' policy
by Matt Carter Sep 6
Rating agencies issue more cautions about banking industry
It's not just regional banks but larger lenders, such as JPMorgan and Bank of America facing uncertainty if interest rates stay higher for longer, analysts at Fitch and Moody's said
by Matt Carter Aug 15
Mortgage rates inch up from 2023 lows on strong jobs report
Strong job numbers spark fears that the Fed will need to stick to its guns and continue to raise rates and keep them elevated for some time to fight inflation
by Matt Carter Feb 9
Purchase mortgage demand up 4th week in a row as rates fall
Without adjustment for seasonal factors, demand for both purchase loans and refinancing remains at their lowest levels since 2000, according to MBA lender survey
by Matt Carter Nov 30
Demand for mortgages hits lowest level in more than 20 years
High mortgage rates, challenging affordability and a gloomier economic outlook are keeping buyers on the sidelines, Mortgage Bankers Association forecaster Joel Kan said
by Matt Carter Aug 17
Mortgage rates trend up again: Investors weigh Fed's next moves
Aggregate demand for mortgages, both purchase and refinancing, at lowest level since December 2018, as bottom falls out of refinancing market
by Matt Carter Jun 1
Mortgage rates may level off as Fed unveils details of tightening plan
Mortgage rates may level off despite the biggest short-term interest rate hike in 20 years thanks to the certainty the Fed is providing about its plans to shrink its nearly $9 trillion balance sheet
by Matt Carter May 4
Interest rates climb as Fed looks to shrink balance sheet
Although the Fed hasn't set a timetable for shrinking its balance sheet, it's likely to do so more quickly than it did after the 2007-09 recession
by Matt Carter Jan 5
Good news will push rates up slightly -- and what's next?
What the international banking scene means for interest rates in the U.S.
by Lou Barnes Oct 28
Long-term rates fell last week -- the cause? Trouble overseas
The IMF (International Monetary Fund) is also an attending physician and today very much out of character, issuing warning after warning
by Lou Barnes Apr 11
Exhausted markets got a break last week
By spring or summer, we may look back at January as the Great 2016 Head-Fake
by Lou Barnes Jan 25
Quantitative easing could result in overvalued European homes
Germany, Norway and the UK are considered riskiest because of ultralow interest rates and bond yields
by Erik Pisor Jul 21
The keys to this week's economy-stall conundrum
Long-term rates went up, and mortgage and bond yields jumped
by Lou Barnes May 1
Say goodbye to freakishly low mortgage rates
Markets fear Fed tightening in the face of flat wage growth, falling inflation
by Lou Barnes Mar 6