How does a president of the US raise an interest rate ? He doesn’t. In the US, and pretty much everywhere, interest rates are set by markets, as the price at which a willing lender will lend money to a willing borrower. There may be a generally th.
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LoanLogics names new CEO LoanLogics has announced that its president and COO, Bill Neville, will take over the role of CEO from Brian Fitzpatrick. As CEO, Neville will continue to oversee operations and software development while directing the company’s growth strategies.As FHA Mortgage Volume Increases From 2009, Serious Delinquencies Spike New GSE appraisal database to tighten scrutiny on mortgage lenders According to the source post: HousingWire.com "New GSE appraisal database to tighten scrutiny on mortgage lenders" – appraisers began submitting electronic property data for mortgages sold to Fannie Mae and Freddie Mac under new guidelines that took effect thursday (9/1/11).fha’s portfolio shows the average credit score on current insurance endorsements has risen from 634 in 2007 to nearly 700 today. Loan performance, as measured by serious delinquency and early period delinquency rates, has improved significantly, with the first year-over-year decline in new 90-day delinquencies in years.Shadow Inventory of Homes to Take Nearly 3 Years to Clear: S&P REO Could Become A Serious Problem For HUD/GSEs.. the "shadow inventory"-residential loans at least 90 days. Seven or eight years ago the home sales headline was the entry of big.
Something that Republican presidential nominee Donald Trump said during the first presidential debate caught my attention. He said that we were in an asset bubble that would pop when the federal reserve allows interest rates to rise. He claimed that the fed’s control of interest rates, and the bubble it has produced, are politically motivated.
Latest News. With arguably the most room for interest-rate cuts in Asia, and a fresh. Foreign buyer ban hits House Prices in Wealthy Winter Playground.
· The wealthy don’t care if interest rates are at 0 and that wages are stagnant. They know that Americans will continue to borrow money in order to maintain the illusion of a middle class lifestyle. And in turn, that debt can be securitized and sold into the market, making huuuge amounts of investment income for the oligarchy, income that more than replaces any losses they have from interest rates.
Here’s the real impact of the post-Trump interest rate spike. Far fewer borrowers with incentive to refinance; homes are less affordable. As recent reports from Freddie Mac show, mortgage interest rates rose sharply after the election, recently climbing back above 4% for the first time since 2015.
The Influence of Donald Trump. A chart from a December article in the Wall Street Journal paints a sobering picture about President-Elect Trump’s impact on interest rates when he won the U.S. presidential election. Before the election, interest rates were hovering at just above 3.5%.