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Fed’s Tapering Plan Is Poised to Push Up Mortgage Rates

Fed’s Tapering Plan Is Poised to Push Up Mortgage Rates

Sunday, 02 January 2022
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The Federal Reserve’s recent decision to taper its bond buying more quickly than previously planned is set to send long-term mortgage rates upward. So reports CNBC. Read more...
Bodnar of MMG: Inflation, Rates and More

Bodnar of MMG: Inflation, Rates and More

Sunday, 02 January 2022
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Bill Bodnar of The Mortgage Market Guide discusses inflation, rates and more in this week's video.  Read more...
Borrowers Rush to Refinance Before Rates Go Up

Borrowers Rush to Refinance Before Rates Go Up

Friday, 10 December 2021
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Mortgage refinance activity has jumped in the latest week amid projections that interest rates will rise in 2022. So reports CNBC. Read more...
Swelling Loan Sizes May Pose Risk for Mortgage-Backed Securities

Swelling Loan Sizes May Pose Risk for Mortgage-Backed Securities

Friday, 10 December 2021
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The federal government’s recent move to raise the limits on the size of mortgage loans backed by Fannie Mae and Freddie Mac could hamper the performance of mortgage-backed securities in 2022. So reports Bloomberg. Read more...
Pension Fund Drops Lawsuit Against Dan Gilbert

Pension Fund Drops Lawsuit Against Dan Gilbert

Friday, 10 December 2021
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The board of the Detroit Police and Fire Pension Fund has said that it will withdraw an insider-trading lawsuit against Dan Gilbert, controlling stakeholder of Rocket Mortgage and Quicken Loans parent Rocket Companies. So reports The Detroit News. Read more...
Weekly Mortgage Rates Tick Lower Ahead of Fed Meeting

Weekly Mortgage Rates Tick Lower Ahead of Fed Meeting

Friday, 10 December 2021
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U.S. long-term mortgage rates have posted another stable week as the Federal Reserve heads into its December 14-December 15 meeting. So reports the Associated Press. Read more...
Bodnar of MMG: What Will The Fed Say And How Will That Move Rates?

Bodnar of MMG: What Will The Fed Say And How Will That Move Rates?

Friday, 10 December 2021
Lending
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Bill Bodnar of The Mortgage Market Guide talks inflation, tapering and more. "Inflation was reported at the hottest pace in 39 years," he says. "Bonds shrugged it off as we head into the weekend. Next week the Fed is likely to speed up tapering. What they say and do may determine the directional move in rates."  Read more...
Mortgage Bailouts’ Expiration Puts Thousands in Tight Spot

Mortgage Bailouts’ Expiration Puts Thousands in Tight Spot

Friday, 03 December 2021
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As mortgage bailout initiatives sparked by COVID-19 begin to run out, hundreds of thousand homeowners face the prospect of foreclosure or being forced to sell their homes. So reports CNBC. Read more...
Zillow Faces Lawsuits After Shuttering iBuying Business

Zillow Faces Lawsuits After Shuttering iBuying Business

Friday, 03 December 2021
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Zillow has been hit with a pair of shareholder lawsuits claiming that the online real estate company misled investors about the strength of its recently scrapped iBuying business. So reports Realty Biz News. Read more...
Mortgage Rates Hold Mostly Steady Amid Omicron, Fed Worries

Mortgage Rates Hold Mostly Steady Amid Omicron, Fed Worries

Friday, 03 December 2021
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Long-term mortgage rates have hovered nearly in place during a week when the first U.S. case of the Omicron variant was found and the Federal Reserve suggested that it would begin tightening credit sooner than previously indicated. So reports MarketWatch. Read more...

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