Tagged: Federal Reserve Board (FRB)

CAR expects home prices to soften as inventory rises and competition cools

Fannie Mae says boost to popular index arrived prior to recent jump in mortgage rates to 7%

Some originators specialize in helping borrowers facing these financial hardships.

MSRs are back to trading at a premium of roughly 5x multiples of servicing fees for agency loans.

Nonfarm payrolls increased by only 12,000 as strikes in the airline industry and recent hurricanes distorted the data collected.

Homebuilder boom pays off as affordable resale inventory lags demand

With single-family starts and permits rising in August, Fed rate cuts ease construction costs for builders, though competition from resale inventory also stands to increase

The aggressive start to its rate-cutting cycle signals policymakers' intention to maintain a "solid labor market," Powell remarked

Core inflation — less food and energy — remains slightly higher than the all items index

"We're nearing that time," Fed Chair Powell said of a reduction in the policy rate.