Despite an improving U.S. economy, the nation’s banks remain cautious about what they will lend, and to whom.
Tag Archive: Federal Reserve
Apr 24
The Fed Starts A 2-Day Meeting Today. Make A Strategy.
The Federal Open Market Committee begins a 2-day meeting today. Mortgage rates are expected to be volatile for the next 48 hours.
Mar 12
What’s Ahead For Mortgage Rates This Week : March 12, 2012
Mortgage markets were mostly unchanged last week despite a series of positive developments. In addition to Greece successfully reaching a deal with its private creditors, the U.S. economy turned out strong reports — most notably the Non-Farm Payrolls report.
Feb 03
Banks Start To Loosen Up In Underwriting
After a half-decade of tightening mortgage guidelines, banks are starting to “loosen up”.
Jan 09
What’s Ahead For Mortgage Rates This Week : January 9, 2012
Mortgage markets improved last week, pushing mortgage rates lower for the second straight week.
Dec 12
What’s Ahead For Mortgage Rates This Week : December 12, 2011
The Federal Open Market Committee meets this week. Mortgage rates could get volatile.
Dec 05
What’s Ahead For Mortgage Rates This Week : December 5, 2011
Mortgage markets made little change last week for the fifth time in as many weeks.
Nov 10
Banks Resume Tightening Mortgage Guidelines
After a 2-year easing cycle, the nation’s biggest bank banks report that they’ve reversed course, and are raising the bar on mortgage approvals.
Sep 26
What’s Ahead For Mortgage Rates This Week : September 26, 2011
Mortgage markets improved last week as the Federal Reserve provided new market stimulus and the Eurozone continued to grapple with Greek’s sovereign debt issues.
Sep 19
What’s Ahead For Mortgage Rates This Week : September 19, 2011
Mortgage rates rose for the first time in three weeks last week, pushing conforming and FHA mortgage rates off their all-time, historical lows