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The Fed’s ‘temporary’ mortgage-backed security experiment will last decades
It looks like the Fed is stuck with very large, losing “temporary” mortgage-backed securities investments for a long time to come.Politics - The Hill - 3 days ago -
Mortgage rates surge higher on Trump victory, causing housing stocks to fall
Lennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe's were also lower.Business - CNBC - 2 days ago -
Will UK interest rate cut make mortgages and loans cheaper?
Bank of England interest rates affect the mortgage, loan and savings rates for millions of people.Top stories - BBC News - 2 days ago -
Why mortgage rates could be heading to 8%, despite a Fed cut
The 30-year rate inched up for the sixth week in a row ahead of an expected interest-rate cut by the Federal Reserve.Business - MarketWatch - Yesterday