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US Economic
Rate normalization and the return of risk
Financial markets had a difficult start to the year after an exuberant end to last year. The yield on 10-year…
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US Mortgage
Mortgage delinquency rate sits at historically low levels
Early-stage delinquencies among VA loans reached the highest non-pandemic levels since 2009, with interest rate hikes having started to affect…
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US Mortgage
Fed Reserve rate decision – mortgage industry reacts
Such a scenario would offer some reprieve to the beleaguered CRE market, he noted: “Lower rates in 2024 would relieve…
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US Economic
Fed signals end of rate hikes and projects cuts in 2024
The Federal Reserve signaled at its meeting on Wednesday that it is done raising its policy rate and is poised…
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US Economic
FOMC preview and the logic of Fed rate cuts in 2024
After nearly two years of raising the federal funds rate to restore price stability, the Federal Reserve is poised to…
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US Economic
Canada’s unemployment rose to 5.8%, adding to case for rate cuts
Canada added 25,000 jobs in November as its unemployment rate climbed to 5.8%, its highest level since January 2022, Statistics…
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US Economic
Inflation slows again, pointing to another rate pause
Inflation in October fell to its slowest pace in more than a year, solidifying the case for the Federal Reserve…
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US Mortgage
UWM touts temporary rate buydown product, waives appraisals
Giving product options to independent brokers Effective until March 31, the program enables borrowers utilizing the 1-0 buydown to delay…
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US Housing
Should I buy down my mortgage interest rate?
During the homebuying process, one crucial decision that buyers often grapple with is whether to buy down their mortgage interest…
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US Economic
Canada’s unemployment rate rises to 5.7% as hiring slows
More than a year and a half since the Bank of Canada began raising interest rates to cool the economy…
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