The FOMC adjourns from a 2-day meeting today. Mortgage rates are expected to change — perhaps by a lot.
The number of U.S. housing markets showing “measurable and sustained growth” has increased by 19 this month, according to the National Association of Homebuilders’ Improving Market Index.
For today’s home buyers and refinancing households, the value of “good credit” has never been higher.
Mortgage rates rose slightly in last week’s holiday-shortened week.
Beginning as soon as next week, new, mandatory mortgage fees will push conforming mortgage rates higher nationwide.