Despite an improving U.S. economy, the nation’s banks remain cautious about what they will lend, and to whom.
Mortgage markets were mostly unchanged last week for the second straight week.
After a series of worse-than-expected data last month, the housing market appears to be back on track.
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday.
Sales of new homes ticked lower in March, unexpectedly.
The Federal Open Market Committee begins a 2-day meeting today. Mortgage rates are expected to be volatile for the next 48 hours.
Mortgage markets were mostly unchanged last week, breaking a three-week winning streak.
In March, for the second straight month, home resales slipped nationwide.
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