The Fed Raises Interest Rate 0.75% For The 3rd Time
Chairman said housing market may have to go through "a correction" to return to balance.
Tagged: Federal Reserve Board (FRB)
Sales Of Existing Homes Fell In August For 7th Straight Month
Median existing-home price also rose, the 126th consecutive month of year-over-year increases.
Fed Committee Gathers To Renew Inflation Fight
FOMC expected to announced 0.75% rate hike after 2-day meeting ends Wednesday.
The Fed Plans To Raise Rates 'Until The Job Is Done'
The Fed’s primary goal is to reduce inflation, although this may “bring some pain to households and businesses.”
Fed Expects To Continue Rate Hikes, But Worries It Could Go Too Far
July meeting minutes show another 50-basis-point rate hike is expected in September.
Credit Standards Should Tighten Through End Of 2022
Survey of senior loan officers cites reasons including inflation, credit quality, and reduced tolerance.
Can You Originate Loans In A Recession?
Who will be hurt most by a downturn.
Mortgage Originators Split On Impact Of 0.75% Rate Hike
NMP poll also shows pessimism about profits and refinancing business.
Rate Hike Reax: Opinions Vary Over Impact On Mortgage Rates, Industry Job Market
Experts do agree there is much uncertainty about what the Fed will do next.