Tag Archives: Quantitative Easing

Rates ease as Fed says it will dial back balance sheet tightening

By | | Uncategorized
Comments Off on Rates ease as Fed says it will dial back balance sheet tightening

Federal Reserve policymakers say they’ll slow the pace of “quantitative tightening” to $40 billion a month, less than half the pace envisioned 2 years ago. Continue reading →

Mortgage rates ease for 2nd consecutive day on inflation data

By | | Uncategorized
Comments Off on Mortgage rates ease for 2nd consecutive day on inflation data

The Federal Reserve’s moves to trim $35 billion in mortgages from its balance sheet each month could keep mortgage rates from falling dramatically this year. Continue reading →

Purchase loan applications once again at lowest level since 1995

By | | Uncategorized
Comments Off on Purchase loan applications once again at lowest level since 1995

Mortgage rates are climbing back toward 2023 highs as more inflation data comes in hot, spurring fears of another Federal Reserve rate hike in November. Continue reading →

Rating agencies issue more cautions about banking industry

By | | Uncategorized
Comments Off on Rating agencies issue more cautions about banking industry

It’s not just regional banks but larger lenders, such as JPMorgan and Bank of America facing uncertainty if interest rates stay higher for longer, analysts said. Continue reading →

Mortgage rates inch up from 2023 lows on strong jobs report

By | | Uncategorized
Comments Off on Mortgage rates inch up from 2023 lows on strong jobs report

Strong job numbers spark fears that the Fed will need to stick to its guns and continue to raise rates and keep them elevated for some time to fight inflation. Continue reading →

Purchase mortgage demand up 4th week in a row as rates fall

By | | Uncategorized
Comments Off on Purchase mortgage demand up 4th week in a row as rates fall

Without adjustment for seasonal factors, demand for both purchase loans and refinancing remains at their lowest levels since 2000, according to an MBA lender survey. Continue reading →

Demand for mortgages hits lowest level in more than 20 years

By | | Uncategorized
Comments Off on Demand for mortgages hits lowest level in more than 20 years

High mortgage rates, challenging affordability and a gloomier economic outlook are keeping buyers on the sidelines, Mortgage Bankers Association forecaster Joel Kan said. Continue reading →

Mortgage rates may level off as Fed unveils details of tightening plan

By | | Uncategorized
Comments Off on Mortgage rates may level off as Fed unveils details of tightening plan

Mortgage rates may level off despite the biggest short-term interest rate hike in 20 years thanks to the certainty the Fed is providing about its plans to shrink its nearly $9 trillion balance sheet. Continue reading →