The staying power of Hog Days will be highlighted in 2022
In January, the Hog Days committee tossed around an idea, but it just didn’t feel quite right, said Committee Co-chair Mike Komnick
Source: starcourier.com
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Never Have So Few Homeowners Had Reason to Refinance
(Bloomberg) -- Less than 5% of U.S. homeowners can save money by refinancing their housing loans, the smallest proportion in the history of the mortgage bond market, as borrowing rates surge to their highest level in three years. That’s according to an analysis by Brean Capital.
Source: bloombergquint.com
Never have so few homeowners had reason to refinance
Less than 5% of U.S. homeowners can save money by refinancing their housing loans, the smallest proportion in the history of the mortgage bond market, as borrowing rates surge to their highest level in three years.
Source: nationalmortgagenews.com
Fed to raise short-term rates, shrink balance sheet
The increase is the first since 2018 and, combined with reductions in the mortgage and Treasury bond portfolio, it could drive 30-year home loan rates to 4.5% by year-end.
Source: nationalmortgagenews.com
How the Fed's plans for its portfolio could affect mortgages
In addition to hinting at a March rate hike, the central bank this week announced an intention to have Treasury securities make up a greater share of its holdings, which has implications for securitized home loans.
Source: nationalmortgagenews.com