Mortgage REITs mull inverted curve, possible refi wave Investors are in a buying mood despite many economic warning signs. Why? For some, it’s because they expect the Federal Reserve to cut interest rates and otherwise “stimulate” the economy. They.
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U.S. mortgage activity picks up as loan rates tumble: MBA This is lower than the long term average of 4.04%.U.S. mortgage activity picks up as loan rates tumble: MBA – The Washington-based group’s seasonally adjusted index on loan requests to buy a home and to refinance one rose 1.5% to 417.8 in the week ended May 31. Interest rates on 30-year fixed-rate "conforming.
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