U.S. Mortgage Demand Rises Ahead of Fed Decision on Rates
ANDREW CABALLERO-REYNOLDS/AGENCE FRANCE-PRESSE/GETTY IMAGESThe numbers: Mortgage demand rose ahead of a U.S. Federal Reserve decision on interest rates.Despite mortgage rates rising to the highest level in four weeks, home buying and refinance demand rose. The rise in applications also came ahead of
Fed Holds Rates Steady but Suggests One in Future
It’s the second no-interest-rate-change decision over the past three meetings. Inflation is still above 2%, however, and the Fed says a future increase is still likely.
Citizens Customers Getting Buyout Letters this Week
About 300K Fla. homeowners with Citizens – Fla.’s “insurer of last resort” – will receive a letter that automatically transfers them to a private insurer if they don’t respond.
Categories
Recent Posts
