Tag Archives: Federal Reserve

Industry Reacts: While June Rate Hike Expected, Rest of Year Remains Uncertain

Four meetings left this year June 14, 2017, Brena Swanson, HousingWire.com While Wednesday’s interest rate hike didn’t come as a surprise to the market, the rest of the year doesn’t look as certain, as industry reactions start to pour in on … Continue reading

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Household Debt Reaches Recession-Level Highs

DSNews.com, May 20th, 2017 On Wednesday, the New York Federal Reserve released its Q1 report on household debt and credit. According to the report, total household debt totaled $12.73 trillion in Q1 2017. This means that household debt has finally … Continue reading

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Housing Finance Prepares for Wave of New Interest Rate Hikes

Next rate hike could arrive before end of summer March 15, 2017, Kelsey Ramírez., HousingWire.com The Federal Reserve raised rates Wednesday for the first time in 2017, but the market expects it to be the first of many. After raising rates … Continue reading

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3 Interest Rate Hikes in 2017? Not a Chance

New American exec explains why January 12, 2017, Kelsey Ramírez, HousingWire.com In December, the Federal Reserve made its first and last interest rate hike for 2016, but left the industry with the notion that three more could be on the way … Continue reading

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The Fed Raised Rates: What Does that Mean for Housing?

KCM Crew, December 27th, 2016 You may have heard that the Federal Reserve raised rates last week… But what does that mean if you are looking to buy a home in the near future? Many in the housing industry have … Continue reading

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Banks Increase Prime Lending Rate after Fed Hike Announcement

But what’s good for banks could spell trouble for housing December 16, 2016, HousingWire.com After a long hiatus, big banks raised their prime lending rate after the Federal Reserve finally elected to increase the federal funds rate. An article in Bloomberg by Jennifer … Continue reading

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Mortgage Rates Jump Up after 10-week Low

Anticipation grows for December rate hike October 13, 2016, Kelsey Ramírez, HousingWire.com Mortgage rates moved up this week as more of the market begins to anticipate an upcoming rate hike. “This week the 10-year Treasury yield continued its climb as an … Continue reading

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