Lender To Launch New Programs to Assist Buyers With The Expected Rate Hike

By:
In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

Mortgage rates are skyrocketing due to the Federal Reserve’s (Fed) tightening monetary policy.  For lenders, that means finding new ways to put things together, such as introducing a program to get borrowers to “marry a house and fix an interestContinue Reading

Fed Hikes Federal Funds Rate by 75 Basis Points

By:
In: Realtor News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

Amid remarkably strong U.S. economic performance and continued inflation, the Fed on Wednesday raised the federal funds rate by 75 basis points to 3.75 to 4 percent, the highest level since December 2007. The decision, widely anticipated by Fed expertsContinue Reading

Federal Open Market Committee Is Expected to Raise Rates By 0.75% In Their Two-Day Meeting

By:
In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

As the Federal Reserve’s Federal Open Market Committee (FOMC) begins its two-day meeting today, many observers expect it to announce another 75% rate hike on Wednesday. A third consecutive 0.75% increase in Federal Funds interest rates would be a seriesContinue Reading

How Did The Market React To Another FED Rate Hike?

By:
In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

Analysts weighed the economy on Wednesday following the Federal Reserve’s latest interest rate hike a 0.75% hike that matched the central bank’s last move in June, the biggest jump in the key measure since 1994. The latest rate hike toContinue Reading