Mortgage rates took a brief U-turn last week, but they resumed their upward path again this week as hawkish statements from the Federal Reserve over inflation and monetary policy are guiding the direction of borrowing costs. At HousingWire‘s Mortgage Rates Center on Tuesday, rates for 30-year conforming loans averaged 6.77%, up 4 basis points from […]
Mortgage rates rise again as Fed stays hawkish Read More »
The Marriner S. Eccles Federal Reserve Board Building in Washington, D.C.Al Drago/Bloomberg Processing Content Key insight: Annual enforcement actions by the Federal Reserve, Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency have fallen steadily dating back to the Obama administration. Expert quote: “What has happened within the banking industry to
Study shows decade-long decline in federal enforcement activity Read More »
It’s been a while since oil prices were the focal point of the interest rate conversation, but that recently familiar dynamic is once again playing out. The U.S./Iran peace deal is on increasingly shaky ground and the ability for oil to flow through the Strait of Hormuz has been increasingly compromised over the past 24
Rates Move Back Up With Oil Prices Read More »