COVID-19 quickly expanded around the world, but the coronavirus impact on mortgage rates still remains up in the air.
In a remarkable time for the financial world, the latest state of the markets shows trade uncertainty among the U.S. and China.
Currently, the United States faces loathsome housing market conditions. Throughout this year, the housing market displayed disappointingly.
After the completion of Brexit, Italy faces the third-largest economy in the European Union (EU) after Brexit.
Due to economic growth, mortgage rates reached a four-year high due to several big picture factors coming into play.
From 2008 to 2014, the Fed balance sheet plan entailed numerous acquisitions during a time of quantitative easing.
As of late, the European elections produce more volatility for mortgage-backed securities as the outcome remains uncertain.
In the latest news, the Fed Chair Yellen testimony calls for an increase to the federal funds rate in her semi-annual testimony to Congress.
Today, we saw the first action towards President Trump tax cuts with an announcement coming in two to three weeks.
At this week's meeting, the Fed raised the outlook for rate hikes in the future when it raised the federal funds rate by 25 basis points.