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SUMMARY: Rates hold as economic data shows an economy that is stabilizing, and the conforming loan limit rises to $832,750
SUMMARY: Rates fall despite a new piece from Nick Timiraos, aka "The Fed Whisperer," noting that the Fed is unsure about a rate cut in December, Raphael Bostic announces he will retire in February, and the Supreme Court will hear the Lisa Cook case in January. Treasury Secretary Scott Bessent touts the stability and liquidity of the treasury market. And mortgage demand jumps as purchases rise.
Wilmington Mortgage with Tyler Cralle
SUMMARY: Rates hold as economic data shows an economy that is stabilizing, and the conforming loan limit rises to $832,750