Mortgage rate projected to top 4% in 2022 as Fed tapering plan nears

The Fed could begin tapering as soon as November, adding momentum to market forces that have been pushing mortgage rates up in recent weeks. Continue reading

Fed will keep buying $40 billion in mortgages every month

As Fed’s balance sheet approaches $8 trillion, policymakers say path of the economy continues to depend on the course of the pandemic. Continue reading

Positive outlook clouded by the threat of impeachment

The Brexit deal, the trade negotiations with China and a new president of the European Central Bank are all good news. But the threat of impeachment is a wildcard. Continue reading