Is The Fed Going to Kill The Mortgage and Housing Markets?
January has been a month marked by the market's adjustment to a shift in the Fed policy outlook.  This began right at the outset and resulted in higher rates and lower stock prices.   Why? Last week's commentary goes into great detail on the matter.  Revisit it HERE. This week merely served to confirm what we already knew , namely that the Fed would not be making any policy changes this week, but that it would do nothing to push back on the expectation for policy changes at the next meeting.   ...
Source: mortgagenewsdaily.com
