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Cash-out mortgage refinancing hits 14-year high
National

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...

Cash-out mortgage refinancing hits 14-year high
Federal Reserve Chair Jerome Powell (Getty)
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...

Traders eye Fed pullback on mortgage bonds
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