Rates remain low by historical standards and could retreat from recent highs. Lenders eager to make up for a precipitous drop in refinancings, meanwhile, are scrambling to win new business
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
The rise of Power Buying, regulatory battles, Fed tapering and big acquisitions rattled lending decisions and homebuyer game plans during a momentous year for the mortgage industry
Support for mortgage markets on track to end by March
Fed chair Jerome Powell says economy is 'very strong' and inflation now looks like more than a transitory issue
Fed policymakers are prepared to adjust the pace of asset purchases if inflation continues to run hot, minutes released Wednesday of their Nov. 3 meeting show
Purchase loans were up 5% last week and applications by homeowners to refinance existing mortgages were up 0.4% week over week, according to the Mortgage Bankers Association
Powell says Fed will finish draw down of the support it's provided to mortgage rates during the pandemic by June
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
The Fed could begin tapering as soon as November, adding momentum to market forces that have been pushing mortgage rates up in recent weeks
Rates for 30-year mortgages jump 13 basis points in one week as investors weigh prospects for inflation, Fed tapering
Fed uncertainty and U.S. debt ceiling cliff are creating volatility in long-term interest rates
Mortgage rates stayed the course this week as lenders continued to monitor the Federal Reserve's tapering plans
Latest policy stance sets the stage for the Federal Reserve to start scaling back debt purchases in November
Stock, bond markets breath a sigh of relief that Fed doesn't plan to abruptly withdraw stimulus