Fed Hike Raises HELOC Costs While Mortgage Rates Stay Near 7%
Prime rose to 7% while the 10-year Treasury remained near 5%, giving originators two different borrower conversations
Tagged: The Federal Reserve
What Wednesday’s Fed Decision Could Mean For Mortgage Rates
Markets overwhelmingly expect a quarter-point hike, but the Fed’s projections and the bond market’s response may matter more to originators
Warsh Sees Housing Strain, Keeps Rate Hikes In Play
Fed chair says broader financial conditions remain loose, inflation is too high, and markets should expect less guidance on what comes next
June Jobs Report Improves Mortgage Rate Outlook
Slower hiring strengthens bonds and eases concerns over additional Fed tightening
Warsh Confirmed To Lead Fed, But Mortgage Rate Relief May Still Be Far Off
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
Shifting Gears: Mortgage Ops Leaders Adapt To What’s Next
New reserve requirements, end of streamlined condo reviews, and rapid AI adoption are forcing lenders to rethink operations in real time
The Fed Holds Rates Steady
The Fed maintains the federal funds rate between 4.25% and 4.5%
December Labor Data Beats Expectations By A Mile
Stronger-than-expected job growth signals steady economic resilience, extends horizon for likely next rate cut