Tag Archives: federal reserve

Mortgage rates continue to flatline ahead of Fed tapering details

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Mortgage rates stayed the course this week as lenders continued to monitor the Federal Reserve’s tapering plans. Continue reading →

Fall housing outlook: Cooling prices, tighter inventory, less competition

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As the weather cools, so too will competition and housing prices, experts told Inman for its 2021 Fall Housing Market Outlook. Still, agents can expect inventory to remain tight Continue reading →

Home sales will cool off for the rest of this year and next: Fannie Mae

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Projected growth in new home sales wouldn’t offset expected drop in existing home sales, according to Fannie Mae’s latest monthly forecast. Continue reading →

Homebuyer sentiment ticks up for the first time since March

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Most consumers continue to report that it’s a good time to sell a home — but a bad time to buy — and they frequently cite high prices and a lack of supply as their primary rationale. Continue reading →

Fed says it wants to see job numbers before tapering

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Powell “stuck to the script in his Jackson Hole speech,” said Pantheon Macroeconomics Chief Economist Ian Shepardson. “Anyone hoping for a steer on the timing of the taper will have been disappointed, but it was never likely.” Continue reading →

Lenders hold firm on mortgage rates after Fed dust settles

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Minutes released last week from the July 27-28 meeting of a Federal Reserve committee that sets monetary policy revealed that most members are open to tapering bond purchases the Fed makes to stimulate the economy by the end of this year. Continue reading →

Ahead of Fed tapering reveal, mortgage lenders kept rates steady

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Low mortgage rates that had risen off a strong jobs report remained unmoved earlier this week, according to Freddie Mac’s lender survey. Continue reading →

Healthy jobs report drives up mortgage rates for first time in weeks

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During the pandemic, the Federal Reserve has been keeping a lid on interest rates by increasing its holdings of long-term Treasurys and mortgage-backed securities (MBS) by $120 billion a month. Before announcing a timetable for tapering those purchases… Continue reading →