Mortgage rates hit 4-month low and have more room to drop

Homeowners scrambled to refinance last week as mortgage rates dropped to the lowest level in four months, with homebuyer demand also up by double digits from a year ago, according to a weekly survey of lenders by the Mortgage Bankers Association. Mortg… Continue reading

In split vote, Fed policymakers snub Trump, leave rates unchanged

With job market stable and economy chugging along, futures market investors now think the odds of a September rate cut are less than even. Continue reading