Tag Archives: Federal Reserve

Banks Start To Loosen Up In Underwriting

After a half-decade of tightening mortgage guidelines, banks are starting to “loosen up”. Continue reading

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What’s Ahead For Mortgage Rates This Week : January 9, 2012

Mortgage markets improved last week, pushing mortgage rates lower for the second straight week. Continue reading

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What’s Ahead For Mortgage Rates This Week : December 12, 2011

The Federal Open Market Committee meets this week. Mortgage rates could get volatile. Continue reading

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What’s Ahead For Mortgage Rates This Week : December 5, 2011

Mortgage markets made little change last week for the fifth time in as many weeks. Continue reading

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Banks Resume Tightening Mortgage Guidelines

After a 2-year easing cycle, the nation’s biggest bank banks report that they’ve reversed course, and are raising the bar on mortgage approvals. Continue reading

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What’s Ahead For Mortgage Rates This Week : September 26, 2011

Mortgage markets improved last week as the Federal Reserve provided new market stimulus and the Eurozone continued to grapple with Greek’s sovereign debt issues. Continue reading

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What’s Ahead For Mortgage Rates This Week : September 19, 2011

Mortgage rates rose for the first time in three weeks last week, pushing conforming and FHA mortgage rates off their all-time, historical lows Continue reading

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After A Pause, Mortgage Guidelines Resume Tightening

Mortgage guidelines appear to be tightening with the nation’s largest banks. Continue reading

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What’s Ahead For Mortgage Rates This Week : August 16, 2010

The Refi Boom remains in full effect, but rates are not as dazzling as they were just one week ago. Continue reading

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1 In 8 Banks Tightened Prime Mortgage Standards Last Quarter

The Federal Reserve says that financial markets “remain supportive of economic growth”. Residential mortgage guidelines, however, continue to tighten. If you’ve applied for a home loan recently, you probably felt it; extra scrutiny on income, assets and credit scores, among other things. The hard proof of the changes, however, can be found in the Federal Reserve’s quarterly survey of its member banks. Continue reading

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Posted in Bob Phillips, California real estate, Coto de Caza real estate, Mortgage Guidelines, Orange County California real estate, South Orange County California | Tagged , , | Comments Off