Can elevated mortgage rates help explain recent real estate market tightness? New research from the Federal Reserve Bank of Philadelphia suggests yes.
Tag: Federal Reserve
Federal Reserve Leaves Rates Unchanged; Industry Economists Weigh In
The Federal Reserve June 17 held interest rates steady, maintaining the federal funds rate in its current range of 3.5%-3.75%.
MBA Recommends Improvements to Basel III Re-Proposal
The Mortgage Bankers Association June 18 submitted a comment letter to the Federal Reserve, Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency, recommending improvements to the Basel III re-proposal.
MBA Statement on Kevin Warsh’s Confirmation as Federal Reserve Chairman
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on the Senate’s confirmation of Kevin Warsh to serve as Chairman of the Federal Reserve.
Federal Reserve Holds Rate Steady; MBA Economist Mike Fratantoni Comments
The Federal Reserve on April 29 held interest rates steady, maintaining the federal funds rate in its current range of 3.5% to 3.75%.
Federal Reserve Holds Rate Steady; MBA Economist Mike Fratantoni Weighs In
The Federal Reserve March 18 held interest rates steady, maintaining the federal funds rate in its current range of 3.5% to 3.75%%.
MBA Statement on Fed Vice Chair for Supervision Michelle Bowman’s Speech on Forthcoming Proposals to Revitalize Mortgage Lending
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on Federal Reserve Vice Chair for Supervision Michelle W. Bowman’s speech titled, “Revitalizing Bank Mortgage Lending, One Step with Basel,” in Orlando, Fla.
MBA Statement on Kevin Warsh’s Nomination to Serve as Federal Reserve Chairman
MBA President and CEO Bob Broeksmit, CMB, released a statement on President Donald Trump’s announcement of his intention to nominate Kevin Warsh to serve as Chairman of the Federal Reserve.
Chart of the Week: FOMC Summary of Economic Projections for Fed Funds Rate
Each quarter, members of the Federal Open Market Committee (FOMC) submit their projections for various economic measures (i.e., real gross domestic product growth, the unemployment rate, inflation, and the federal funds rate). This month’s projections, shown in the Summary of Economic Projections (SEP), include 2028 for the first time.
N.Y. Fed President John Williams Offers Economic Outlook
NEW YORK–John Williams, President and CEO of the Federal Reserve Bank of New York, offered an optimistic but measured view of the U.S. economy during a session at the Mortgage Bankers Association’s Secondary and Capital Markets Conference.