Tagged: The Federal Reserve

October hiring more than doubled expectations, pushing Treasury yields higher

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Prime rose to 7% while the 10-year Treasury remained near 5%, giving originators two different borrower conversations

Markets overwhelmingly expect a quarter-point hike, but the Fed’s projections and the bond market’s response may matter more to originators

Fed chair says broader financial conditions remain loose, inflation is too high, and markets should expect less guidance on what comes next

Slower hiring strengthens bonds and eases concerns over additional Fed tightening

The Senate confirmation lands days after hot inflation reports rattled bond markets, forcing lenders and borrowers to rethink how soon meaningful rate relief could arrive

New reserve requirements, end of streamlined condo reviews, and rapid AI adoption are forcing lenders to rethink operations in real time

The Fed maintains the federal funds rate between 4.25% and 4.5%