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Cash-out mortgage refinancing hits 14-year high
As home values continue to climb, owners eager for extra cash are seeing their dreams come true. Borrowers extracted...
Federal Reserve
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Refinancing has saved homeowners billions, but window is closing
UPDATED Nov. 3, 2021, 3:49 p.m.: Low refinancing rates have helped homebuyers save loads of money throughout the pandemic,...
National
Traders eye Fed pullback on mortgage bonds
Mortgage traders have eyes on the Federal Reserve’s purchasing of mortgage bonds. With the housing market booming and lending rates still low, suspicions are growing that the Fed will no longer keep buying $40...
National
Powell sees new opportunity to reform low-income lending rule
In September, an effort to update a rule encouraging lending in low-income communities turned into a faceoff among three...
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