Bond market investors are focused on the latest “dot plot,” indicating Fed policymakers only expect to bring short-term rates down by half a percentage point in 2025.
"December 2024" Archives
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Alan Ratner, Zelman & Associates managing director, joins ‘Closing Bell Overtime’ to talk Lennar falling on Q4 results.
The fallout from Fed day got out of hand very quickly. The market reacted badly to the FOMC statement and remarks by Federal Reserve Chairman Powell during the Q&A presser, sending the 10-year yield and mortgage rates higher. Also, the Dow was down over 1,000 points today. So what gives? Market players were already talking…
Ginnie Mae this week released its fiscal year 2024 financial report, which describes how the company has aimed to provide liquidity to the mortgage industry, accessibility to affordable housing and value to U.S. taxpayers. As housing advocates continue to call for the company to receive full funding from Congress, the company also highlighted the work…