Modest Increase in Rates is a Win. Here’s Why Mortgage rates moved 0.03% higher today. On almost any other day, this would be a bit of a bummer, but in today’s case, it’s a victory. There was a ton of potential volatility in the underlying bond market heading into the day due to the scheduled […]
Modest Increase in Rates is a Win. Here’s Why Read More »
Federal Reserve Bank of Kansas City President Jeff Schmid said the US central bank should hold rates at a “somewhat restrictive” level, as he expressed continued concerns over inflation that remains too high. Processing Content “In my view, further rate cuts risk allowing high inflation to persist even longer,” Schmid said Wednesday in prepared remarks
Fed’s Schmid says restrictive rates needed to cool inflation Read More »
Fannie Mae’s net interest income from its core business rose during the fourth quarter, but its net earnings fell due largely to loan-loss provision adjustments and interest rate-related negative valuation changes. Processing Content The government-sponsored enterprise earned $3.5 billion and generated nearly $7.3 billion net interest income during the fourth quarter of 2025. In comparison,
Fannie Mae g-fee gains outweighed by loss provisions, valuations Read More »