Mortgage refinance demand continues its free fall, as interest rates rise again 由于利率再次上涨,房贷的需求持续下跌。 The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($548,250 or less) increased to 3.20% from 3.16%. 三十年固定利率的不超过548,250...
Although the Fed doesn't directly affect mortgage rates, its management of the federal funds rate influences mortgage lenders and (along with other factors) helps them decide how much interest to charge on mortgage loans. If you're thinking about taking out a home loan, here's what you need...
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Explaining why requires a trip back to the financial crisis of 2008. To stimulate longer-term interest rates, the Fed kickstarted a massive asset-buying program, gobbling up trillions of dollars worth of Treasurys and mortgage-backed securities. Essentially, the process expanded the money supply,...
Mortgage securities backing Fed loan
to be a safe trade: the hedge simply protects the lender against higher rates until the mortgage closes. But compounding the problem, many customers couldn’t close on their loans because of quarantines, leaving the mortgage lenders with only the cost of the hedge and no off-...
homeowners, these falling rates have raised a simple, binary question: should you wait until 2025 to buy a house? Consider that a 0.5% lower rate could reduce your monthly payment on a $350,000 mortgage by something like $114, based on an example scenario we ran comparing a loan with ...
Homebuyers have already been walloped bysurging mortgage rates, which have jumped about two percentage points in one year, topping 5%. That's addingthousands to the annual costof buying a home. For instance, a purchaser buying a $250,000 home with a 30-year fixed loan at last week's ave...
Mortgage rates,credit card rates,auto loan ratesand business loans with variable rates will all likely maintain their highs, with consequences for consumer spending, after theFederal Reserve indicatedWednesday that it doesn’t plan to cut interest rates until it has “grea...
美联储与抵押贷款利率没有直接关系。 When the economic outlook is generally “positive,” mortgage rates tend to rise. When the outlook is “negative,” rates tend to fall. 但美联储确实对抵押贷款利率产生影响。在常规的预定会议之后,联邦公开市场委员会向公众发布新闻稿,强调该集团的经济观点和共识。当...