Keller Mortgage Joins Layoff Wave Keller Williams has laid off an unspecified number of people at its lending business, Keller Mortgage, following job cuts at several other mortgage lenders. So reports The Real Deal.

Estimated reading time: 0 minutes, 42 seconds

Fed’s Taper Tightrope Could Keep Mortgage Rates Low

The latest minutes from the Federal Reserve’s Open Market Committee indicate that mortgage rates, at historic lows lately, will probably stay down, at least in the short-term. So reports

The FedThe Fed’s minutes imply that the central bank isn’t yet about to start tapering, or decelerating its purchases of financial assets on the open market. Buying bonds and other assets has been part of the bank’s toolkit for supporting the economy amid a global pandemic.

“The prospect of the Federal Reserve dialing back their pace of bond purchases would seem to conclude that mortgage rates have only one direction to go–up,” said Greg McBride, Bankrate’s chief financial analyst. “But there are a number of variables at play, particularly around the timing and magnitude of the tapering.”

Read the full article from

Read 950 times
Rate this item
(0 votes)


click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.