According to the Federal Reserve’s quarterly Senior Loan Officer Survey, it’s getting easier to get approved for a home loan.
Pricing for both conforming and FHA mortgage rates improved between Monday and Friday, with the majority of gains occurring late in the week.
Mortgage markets improved last week as the Federal Reserve introduced new economic stimulus.
Mortgage markets improved last week for the second consecutive week.
Conforming mortgage rates fell last week for the first time this month, breaking a 4-week losing streak.
As another signal of an improving U.S. economy, the nation’s biggest banks have started to loosen mortgage lending standards.
Mortgage markets booked major losses last week after European leaders spoke of their determination to preserve the European Union.
Mortgage markets improved last week on slowing economic growth worldwide and investor thirst for safe investments.
Despite an improving U.S. economy, the nation’s banks remain cautious about what they will lend, and to whom.
The Federal Open Market Committee begins a 2-day meeting today. Mortgage rates are expected to be volatile for the next 48 hours.
Special Offers
Tags
Ben Bernanke Building Permits Case-Shiller Index Census Bureau Eurozone Existing Home Sales Existing Home Supply Federal Reserve Fed Funds Rate Fed Minutes FHA FHFA FOMC Foreclosures Foreclosures,RealtyTrac Freddie Mac Greece HMI Home Affordability Home Price Index Home Supply Home Values Housing Market Index Housing Starts HPI IMI Improving Market Index Inflation Jobs Jobs Report Mortgage Rates NAHB NAR New Home Sales New Home Supply Non-Farm Payrolls Pending Home Sales Pending Home Sales Index PHSI PMMS QE3 RealtyTrac Spain The Today Show Unemployment Rate
