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Bodnar of MMG: What to Make of the Fed Rate Hike Forecast

Bodnar of MMG: What to Make of the Fed Rate Hike Forecast

Sunday, 20 June 2021
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Bill Bodnar of The Mortgage Market Guide (MMG) says it was all about the Fed last week and how they forecasted hiking rates in 2023 rather than in 2024, which was the previous expectation. Read more...
Mortgage Lending Soared 67.1% in 2020: The Fed

Mortgage Lending Soared 67.1% in 2020: The Fed

Sunday, 20 June 2021
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Mortgage lenders handled ballooning volumes last year, driven mainly by refinances to take advantage of extraordinarily low interest rates, according to the latest statistics from the Federal Reserve. So reports Reuters. Read more...
Fed Starts Telegraphing Shift to Tighter Monetary Policy

Fed Starts Telegraphing Shift to Tighter Monetary Policy

Sunday, 20 June 2021
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Federal Reserve officials have signaled that the central bank plans to start tightening up the historically loose monetary policy it has used to spur growth during a pandemic. So reports USA Today. Read more...
Mortgage Rates Ease to Four-Month Low Amid Inflation Optimism

Mortgage Rates Ease to Four-Month Low Amid Inflation Optimism

Sunday, 20 June 2021
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U.S. long-term mortgage rates have continued their weeks-long downward trajectory, slipping to their lowest point in four months. So reports Bloomberg. Read more...
Unemployment Claims Rise for First Time in Nearly Two Months

Unemployment Claims Rise for First Time in Nearly Two Months

Sunday, 20 June 2021
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First-time weekly jobless claims have posted their first increase since late April, Labor Department statistics show. So reports The Hill. Read more...
Angel Oak Mortgage Plans IPO

Angel Oak Mortgage Plans IPO

Sunday, 13 June 2021
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According to an S-1 statement filed with the Securities and Exchange Commission, Atlanta-based Angel Oak Mortgage is looking to go public. So reports HousingWire. Read more...
FHFA Bumps Eviction Moratorium to September

FHFA Bumps Eviction Moratorium to September

Saturday, 12 June 2021
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The Federal Housing Finance Agency has kept the pandemic moratorium on evictions going for a few more months. So reports GlobeSt.com. Read more...
Consumer Prices Rise at Fastest Clip Since 2008

Consumer Prices Rise at Fastest Clip Since 2008

Saturday, 12 June 2021
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A well-known measure of inflation jumped in May at its quickest year-over-year rate in almost 13 years, according to the Department of Labor. So reports CNBC. Read more...
Mortgage Rates Tick Down With 30-Year at 2.96%

Mortgage Rates Tick Down With 30-Year at 2.96%

Saturday, 12 June 2021
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Mortgage rates slipped, as a 30-year fixed-rate loan averaged 2.96% in the week ending June 10, according to Freddie Mac. So reports Bloomberg. Read more...
Record Numbers Think It’s a Bad Time to Buy a Home: Fannie Mae

Record Numbers Think It’s a Bad Time to Buy a Home: Fannie Mae

Saturday, 12 June 2021
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Americans’ outlook about buying a home is its gloomiest since Fannie Mae began keeping track in 2010, but low interest rates combined with higher savings rates during the pandemic have many still wanting to take the plunge. So reports MarketWatch. Read more...

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