close
close

Yiamastaverna

Trusted News & Timely Insights

Refinancing

The refi mini boom appears to be all but dead with the rise in mortgage rates

A 60 basis point increase in mortgage rates in October has curbed mortgage demand, particularly for refinances, according to the Fed’s latest survey data Mortgage Bankers Association. According to the MBA’s weekly applications survey for the week ending Oct. 25,…

Impact of the Federal Reserve’s interest rate cut

The Federal Reserve is making its first interest rate cut since March 2020. The cut represents a decrease of half a percentage point and lowers the inflation rate to a range of 4.7 to 5 percent. The economy is already…