According to the Federal Reserve's quarterly Senior Loan Officer Survey, it's getting easier to get approved for a home loan. Between July - September 2012, fewer than 6% of banks … [Read more...]
What’s Ahead For Mortgage Rates This Week : October 29, 2012
10/29/2012 By
Mortgage markets ended the week slightly better last week. Wall Street took its cues from U.S. economic data, from developments in Europe, and from the Federal Reserve, moving … [Read more...]
What’s Ahead For Mortgage Rates This Week : September 17, 2012
09/17/2012 By
Mortgage markets improved last week as the Federal Reserve introduced new economic stimulus. The move trumped bond-harming action from the Eurozone, and a series … [Read more...]
What’s Ahead For Mortgage Rates This Week : September 4, 2012
09/04/2012 By
Mortgage markets improved last week for the second consecutive week. With no news coming from Europe, Wall Street was focused U.S. economic data and Federal Reserve Chairman Ben … [Read more...]
Mortgage Standards Stop Tightening; Lending Soon To Loosen?
08/08/2012 By
As another signal of an improving U.S. economy, the nation's biggest banks have started to loosen mortgage lending guidelines. As reported by the Federal Reserve, last quarter, no … [Read more...]
Mortgage Guidelines Resume Tightening Nationwide
05/01/2012 By
Despite an improving U.S. economy, the nation's banks remain cautious about what they will lend, and to whom. Last quarter, by a margin of 3-to-2, more banks tightened residential … [Read more...]
The Fed Starts A 2-Day Meeting Today. Make A Strategy.
04/24/2012 By
The Federal Open Market Committee begins a 2-day meeting today in the nation's capitol. It's the group's third of 8 scheduled meetings this year. Mortgage rates are expected … [Read more...]
Banks Start To Loosen Up In Underwriting
02/03/2012 By
After a half-decade of tightening mortgage guidelines, banks are starting to "loosen up". The Federal Reserve conducts a quarterly survey of its member banks and, last … [Read more...]
Banks Resume Tightening Mortgage Guidelines
11/10/2011 By
As part of its quarterly survey to member banks nationwide, the Federal Reserve asked senior loan officers whether last quarter's "prime" residential mortgage guidelines have … [Read more...]
After A Pause, Mortgage Guidelines Resume Tightening
09/08/2011 By
Mortgage guidelines appear to be tightening with the nation's largest banks. In its quarterly survey to senior loan officers nationwide, the Federal Reserve uncovered that a small, … [Read more...]
