During the most recent Federal Open Markets Committee meeting, the Federal Reserve reiterated its plan to maintain current economic policy until fiscal and economic goals…
Posts published in “federal reserve”
Mortgage rates ended the year near a record low. Will the record-shattering mortgage rates continue in 2021? Source: Inman News
The median monthly mortgage payment in the U.S. hit a low of $1,094 in November 2020, making it the best month out of the year…
It’s the lowest 30-year, fixed-rate mortgage since Freddie Mac began tracking the data in 1971. Source: Inman News
White described a robust market that has exceeded even his own expectations this year, and added that he believes homes will continue selling well in…
The government-sponsored enterprises are imposing a 0.5 percent fee on refinances, a move that, while garnering criticism, could convince homeowners to buy. Source: Inman News
The U.S. Federal Reserve also intends to continue purchasing mortgage-backed securities, Federal Reserve Chairman Jerome Powell said Wednesday. Source: Inman News
NAR Chief Economist Lawrence Yun predicts inflation will be delayed for five or six years — and then the price of everything will rise. Source:…
The Main Street Lending program will provide four-year loans to businesses with fewer than 10,000 employees. Source: Inman News
Realtor.com Chief Economist Danielle Hale believes mortgage rates could go lower this week, but rates and affordability aren’t the only thing impacting the housing market. …