Tag Archives: tapering

Before the Fed sped up tapering, mortgage rates saw little change

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With mortgages likely getting more expensive for borrowers down the road, the rates for 30-year loans have been holding steady for weeks. Continue reading →

Fed still considering faster tapering of support for mortgages

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Speaking before the Senate Banking Committee Federal Reserve Chair Jerome Powell said the recent rise in COVID-19 cases and the emergence of the Omicron variant does pose “downside risks to employment and economic activity and increased uncertainty for… Continue reading →

Omicron could lead Fed to exercise restraint on mortgage pullback

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Financial markets have already dialed back expectations that the Fed would quickly withdraw its support for mortgage markets and hike short-term rates three times next year. Continue reading →

Home sales predicted to close out 2021 with surprising strength

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Fannie Mae economists now expect that when the final numbers are in, sales of new and existing homes will grow by 4.7 percent to 6.8 million. Continue reading →

Sustained surge in mortgage rates could dent home sales

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In addition to worries about the potential impact of Fed tapering, there’s also uncertainty about the approaching U.S. debt ceiling and the future leadership of the Fed. 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 →

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 →