Trump loyalist Kevin Hassett is seen as the most likely pick to lead the Federal Reserve Board next year. Critics say doubts about the central…
Posts published in “Michelle Bowman”
If bond market investors get cold feet about buying government debt and mortgage-backed securities, that could push long-term interest rates higher, even if the Fed…
Homeowners rushed to refinance last week, and lender data shows homebuyer demand for purchase loans is up 17 percent from a year ago with Federal…
The Federal Reserve’s preferred inflation gauge fell to 2.56 percent in May, getting closer to the Fed’s 2 percent target for the 2nd month in…
Fed Governor Michelle Bowman warns bankers that she thinks the Fed may need to hike rates more than once and keep them high next year…
As rates keep rising, requests to refinance accounted for just half of mortgage applications, down from 68 percent a year ago. Source: Inman News
The Fed could begin tapering as soon as November, adding momentum to market forces that have been pushing mortgage rates up in recent weeks. Source:…