Mortgage demand slips with homebuyers wary of rate volatility
Rise in mortgage rates defies expectations as unusually wide 'spread' between 10-year Treasury yields and mortgages reflects investor fears of another refi wave
by Matt Carter May 17
Fed slows rate hikes, but remains wary of entrenched inflation
50 basis points 'is still a historically large increase and we still have some ways to go,' Fed Chairman Jerome Powell warns after policymakers wrap up final meeting of the year
by Matt Carter Dec 14
Reduced refi fears could help ease pressure on mortgage rates
Mortgage investors have been demanding higher yields because of fears of prepayment risk if the loans they're funding now are refinanced when rates fall
by Matt Carter Dec 13