Home prices could ‘moderate’ if mortgage rates keep rising

Mortgage rates are headed up as investors who fund home loans digest the prospects for long-term inflation and the Fed’s tapering plans. Continue reading

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

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