Mortgage rates rise above 4% for first time since December 2019
FHA borrowers can expect to pay even higher rates, but lenders are offering discounts on jumbo mortgages too big for Fannie and Freddie, according to new Optimal Blue Mortgage Market data
by Matt Carter Feb 11
Fed chair restates support for gradual tapering
10-year Treasury yields, a barometer for mortgage rates, fall as Federal Reserve Chairman Jerome Powell says there's no rush to raise interest rates
by Matt Carter Oct 22
Mortgage rate projected to top 4% in 2022 as Fed tapering plan nears
The Fed could begin tapering as soon as November, adding momentum to market forces that have been pushing mortgage rates up in recent weeks
by Matt Carter Oct 15
Fed will keep buying $40 billion in mortgages every month
As Fed's balance sheet approaches $8 trillion, policymakers say path of the economy continues to depend on the course of the pandemic
by Matt Carter Jul 29
Positive outlook clouded by the threat of impeachment
The Brexit deal, the negotiations with China and a new president of the European Central Bank are all good news
by Lou Barnes Oct 18