A rise in mortgage delinquency rates in the first quarter of 2024 was highlighted by substantial year-over-year increases in payments past due for FHA and VA loans in particular. Results of the ...

A decade of MBA Quarterly Performance Reports tells a story the mortgage industry has yet to fully absorb. A 200 basis point gap between TopTier® and Bottom Tier lenders persists. As of the quarter ...

Philadelphia Fed president Patrick Harker said he expects the central bank to start with a 25 basis point cut as it begins to ease monetary policy and he would be open to a larger cut if the labor ...

The U.S. Federal Reserve can afford to make a jumbo 50 basis point rate cut next week without spooking markets, an analyst has suggested, as opinion on the central bank's forthcoming meeting remains ...

Basis points, otherwise known as bps or bips, are a unit of measure used in finance to describe the percentage change in the value of financial instruments or the rate change in an index or other ...

The Federal Reserve on Wednesday cut interest rates for the first time since March 2020, as the central bank lowered the benchmark federal funds rate by 50 basis points amid progress in the fight ...

Federal Reserve Chair Jerome Powell is likely to muster a slim majority of his colleagues to support a 25-basis-point cut in interest rates on Wednesday, fueled by growing concern about the health of ...

The Federal Reserve is set to cut the federal funds rate for the first time in over four years at the upcoming Federal Open Market Committee meeting on Wednesday. The size of the cut is a subject of ...

Federal Reserve Governor Michelle Bowman on Friday issued a statement explaining her decision to dissent from the central bank's decision to cut interest rates by 50 basis points. The Federal Open ...

The U.S. Federal Reserve can afford to make a jumbo 50 basis points rate cut next week without spooking markets, according to one analyst. Michael Yoshikami, CEO of Destination Wealth Management, said ...