FOMC Maintains Target Range for Federal Funds Rate; MBA Economist Weighs In
As the market had anticipated, the Federal Reserve’s Federal Open Market Committee left the federal funds target range unchanged Wednesday at its January meeting.
LendingTree: Median Planned Down Payment Up Sharply
LendingTree, Charlotte, N.C., released an analysis on current down payment trends, finding that the median planned down payment has increased sharply since 2021. Planned down payments now account for larger shares of loan amounts and borrowers’ incomes, too.
