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A fall in interest rates brought on by the start of armed conflict in Ukraine, drew borrowers back to the table last week, according to the Mortgage Bankers Association. The MBA’s Market Composite Index, a measure of loan activity based on…
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The largest Federal Reserve bond-buying program is about to come to an end. With the U.S. central bank having bought close to $6 trillion of Treasuries and mortgage bonds in the past two years after the onset of the Covid pandemic rattled…
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Are mortgage rates supposed to grow? Lenders and borrowers should pay close attention to the Federal Reserve’s next meeting on March 15 and 16. With inflation shooting to 40–year highs, the FOMC announced at its Jan. meeting it would be…
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