The Federal Reserve yesterday pre-empted its own regularly scheduled policy meeting this week, announcing an extraordinary full percentage point cut to the federal funds rate and sweeping purchases of government bonds and agency mortgage-backed securities.
Tag: Mike Fratantoni
MBA Chart of the Week: Refinance Index and 30-Year Fixed Mortgage Rate
Treasury rates and mortgage rates have fallen to historic lows, driven down by the market turmoil and volatility caused by the uncertainty around the spread of the coronavirus.
The Week Ahead
Welcome to our new dystopian reality: life as we know it has been suspended indefinitely.
MBA Doubles 2020 Refinance Forecast
The Mortgage Bankers Association this week issued its revised Mortgage Finance Forecast and Economic Forecast, in which MBA doubled its previous 2020 refinance mortgage originations projections.
MBA Doubles 2020 Refinance Forecast
The Mortgage Bankers Association this week issued its revised Mortgage Finance Forecast and Economic Forecast, in which MBA doubled its previous 2020 refinance mortgage originations projections.
MBA Doubles 2020 Refinance Forecast
The Mortgage Bankers Association today issued its revised Mortgage Finance Forecast and Economic Forecast, in which MBA doubled its previous 2020 refinance mortgage originations projections.
MBA Doubles 2020 Refinance Forecast
The Mortgage Bankers Association today issued its revised Mortgage Finance Forecast and Economic Forecast, in which MBA doubled its previous 2020 refinance mortgage originations projections.
MBA Chart of the Week: 30-Year Fixed Rate vs. 10-Year Treasury
The yield on U.S. 10-year Treasuries fell to record lows last week, driven by increasing concerns regarding the spread of the coronavirus and its impact on the global and U.S. economy. Just last week, there has been an increase in occurrences of business shutdowns, travel restrictions and potential spending reductions.
MBA Chart of the Week: 30-Year Fixed Rate vs. 10-Year Treasury
The yield on U.S. 10-year Treasuries fell to record lows last week, driven by increasing concerns regarding the spread of the coronavirus and its impact on the global and U.S. economy. Just last week, there has been an increase in occurrences of business shutdowns, travel restrictions and potential spending reductions.
February Jobs Report on Solid Ground, Pre-Coronavirus
Total nonfarm payroll employment blew though expectations in February, adding 273,000 job, the Bureau of Labor Statistics reported Friday.