Payroll jobs continue to grow and the unemployment rate remains near a 50-year low, making it likely the Federal Reserve will increase the Fed Funds rate later this month, said S&P Global Ratings, New York.
Tag: Interest Rates

#MBACREF23: Ferguson Sees Mild(er) Recession Ahead
SAN DIEGO–Economist, corporate executive and former Federal Reserve Vice Chairman Roger Ferguson thinks any possible recession this year will likely be short and shallow.

Murali Tirupati of Vaultedge: Rising Interest Rates and their Effect on the Housing Market
While the Fed may influence mortgage rates, it is ultimately lenders and investors who decide what rate to offer based on market conditions and other factors.

Murali Tirupati of Vaultedge: Rising Interest Rates and their Effect on the Housing Market
While the Fed may influence mortgage rates, it is ultimately lenders and investors who decide what rate to offer based on market conditions and other factors.

Murali Tirupati of Vaultedge: Rising Interest Rates and their Effect on the Housing Market
While the Fed may influence mortgage rates, it is ultimately lenders and investors who decide what rate to offer based on market conditions and other factors.

Murali Tirupati of Vaultedge: Rising Interest Rates and their Effect on the Housing Market
While the Fed may influence mortgage rates, it is ultimately lenders and investors who decide what rate to offer based on market conditions and other factors.

Murali Tirupati of Vaultedge: Rising Interest Rates and their Effect on the Housing Market
While the Fed may influence mortgage rates, it is ultimately lenders and investors who decide what rate to offer based on market conditions and other factors.

Murali Tirupati of Vaultedge: Rising Interest Rates and their Effect on the Housing Market
While the Fed may influence mortgage rates, it is ultimately lenders and investors who decide what rate to offer based on market conditions and other factors.

Homebuyers on $2,500 Monthly Budget Lose $118,000 in Spending Power in 2022
Redfin, Seattle, said a homebuyer on a $2,500 monthly budget has lost nearly $120,000 in spending power since the end of last year as mortgage rates have nearly doubled.

MBA Chart of the Week: Mortgage Applications, Rates Since 2020
This week’s MBA Chart of the Week features Weekly Applications Survey data, re-indexed to January 2020, to highlight the most recent refinance and home purchase trends.