Tag Archives: quantitative tightening

Demand for mortgages hits lowest level in more than 20 years

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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 →

Fed’s biggest rate hike in 28 years might not further impact mortgages

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After bond market sell-off Friday and Monday, investors take Fed’s 75 basis-point rate hike in stride. “The Fed managed to hint at today’s move,” said the CEO of one capital markets advisory firm. Continue reading →