Tag Archives: federal reserve

Pointing to Ukraine war, Fed approves another drastic rate hike

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Federal Reserve Chairman Jerome Powell says the pace of rate hikes could slow but may ultimately need to go higher than the forecast in September. Continue reading →

Pointing to Ukraine war, Fed approves another drastic rate hike

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Comments Off on Pointing to Ukraine war, Fed approves another drastic rate hike

Federal Reserve Chairman Jerome Powell says the pace of rate hikes could slow but may ultimately need to go higher than the forecast in September. Continue reading →

Mortgage demand hits lowest level in 25 years as rates keep rising

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With a Fed meeting looming next week, rates on 30-year fixed-rate mortgages have surged well past the 7 percent threshold, a Mortgage Bankers Association survey released Wednesday shows. Continue reading →

Mortgage rates punch through 7% but may pause for Fed clues

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Several Fed policymakers have hinted that they’d be open to a smaller increase in short-term rates in December if there are signs that inflation is starting to ease. Continue reading →

Mortgage applications hit 25-year low as rates, hurricane kill demand

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After hitting 2022 highs last week, a weak hiring report released Tuesday has been helping to bring mortgage rates back down. Continue reading →

Moody’s says odds of recession have risen to ‘uncomfortably high’ 59.5%

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Investors who fund mortgages are demanding unusually high premiums in comparison to government bonds, out of fears the loans they make now could quickly be refinanced if rates drop. Continue reading →

As it keeps hiking short-term rates, Fed stays the course on mortgages

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Fed Chair Jerome Powell says policymakers are not ready to start selling off Treasurys and mortgage debt to accelerate the balance sheet runoff. Continue reading →