After many anticipated a Federal Reserve interest rate hike this year, investors have left mortgage-backed real estate investment trusts and related exchange traded funds undervalued. Over the past year, …
Mortgage rates barely increased this week. That did not dissuade borrowers from filling out purchase and refinance applications. The uptick may not last, though. Recent economic data may persuade the Federal Reserve to hold off on rate increases even longer.
Mortgage rates fell for a second straight week, after the Federal Reserve downgraded economic and inflation expectations for this year.
Long-term mortgage interest rates are expected to continue even if the Federal Reserve begins raising short-term rates.
We saw mortgage rates pull back after some soft economic data on manufacturing, home construction and consumer spending. So even though the Federal Reserve is laying the groundwork for the eventuality of interest-rate hikes, any economic softness just pushes the timetable further out.
Mortgage interest rates have hovered near historic lows in recent years, but change may be on the horizon. The Federal Reserve is considering increasing the short-term interest rate it controls …
Property values are rising in many parts of the country, and prime home-shopping season is approaching. Some buyers are rushing to get mortgages before the Federal Reserve raises interest rates, which could happen in the coming months.
If you've got the itch to ditch your landlord and take the leap to homeownership, mortgage rates are still low by historical standards. Rents have been rising and rising,” says Lawrence Yun, chief economist at the National Association of Realtors. The NAR expects 30-year, fixed-rate mortgages to average 3.80 percent in the first quarter.
TORONTO — Atrium Mortgage Investment Corporation is pleased to announce that its board of directors has declared a dividend for the month of March 2015 of $0.07 per common share, to be paid April 13, …
OTTAWA, March 3, 2015 /CNW/ – March is Fraud Prevention Month and the Appraisal Institute of Canada (AIC) would like to remind Canadian consumers, lenders, mortgage brokers, lawyers, appraisers and anyone else relying on an appraisal, to be diligent about potential valuation fraud that may occur during the mortgage financing process. Valuation fraud is the misrepresentation of an appraisal …