Mortgage applications dip down as rates hold steady
Mortgage applications rose 3.8% on a seasonally adjusted basis from one week prior for the period ending June 12, according to the MBA's Market Composite Index.
Mortgage Rates Spike in Response to Fed
Mortgage rates quickly erased a week of progress this afternoon following the Fed announcement and press conference. Fed announcement day historically has several components: the announcement itself, the summary of economic projections (SEP), and the press conference. Within the SEP, there is the d
Banks can share fraud data in real time, Fincen says
The clarification spells out what banks can share to stop scams. The Bank Policy Institute welcomed it but wants Congress to write the protection into law.
Pamela Heman
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