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Fed’s Waller Expects More Rate Hikes but Says They Need Not Come Consecutively

Fed’s Waller Expects More Rate Hikes but Says They Need Not Come Consecutively

by John G. Stevens | Oct 8, 2026 | Current News & Events, Mortgage Information

Federal Reserve Governor Christopher Waller said Thursday he expects additional interest-rate increases if the economy continues to develop as anticipated, but argued the central bank can space those moves rather than raise rates at consecutive meetings. His remarks...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%

Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%

by John G. Stevens | Oct 7, 2026 | Current News & Events, Mortgage Information, Real Estate News

Americans’ expectations for inflation over the next year climbed to 3.9% in September, the highest reading since May 2023, while renters anticipated another acceleration in housing costs, according to new survey findings released Wednesday by the Federal Reserve Bank...
Fed Minutes Point to Another 2026 Rate Hike as Mortgage Market Struggles

Fed Minutes Point to Another 2026 Rate Hike as Mortgage Market Struggles

by John G. Stevens | Oct 7, 2026 | Current News & Events, Mortgage Information

Most Federal Reserve policymakers expected another interest-rate increase would likely be warranted before the end of 2026, according to minutes released Wednesday from the central bank’s September 15–16 meeting. For an already strained housing market, the document...
Fannie Mae: Home Prices Rise 3.4% Year Over Year as Q3 Growth Accelerates

Fannie Mae: Home Prices Rise 3.4% Year Over Year as Q3 Growth Accelerates

by John G. Stevens | Oct 7, 2026 | Current News & Events, U.S. Housing Market

U.S. single-family home prices continued to rise in the third quarter, with Fannie Mae’s national index showing a 3.4% increase from a year earlier and a pickup in quarterly growth. The Fannie Mae Home Price Index rose 0.9% from the second quarter on a seasonally...
Fannie Mae Gives Lenders More Flexibility on Employment Verification in October Selling Guide Update

Fannie Mae Gives Lenders More Flexibility on Employment Verification in October Selling Guide Update

by John G. Stevens | Oct 7, 2026 | Current News & Events, Mortgage Information

Fannie Mae is giving mortgage lenders more flexibility in how they verify a borrower’s employment, removing prescribed verbal-verification methods while keeping the underlying requirement that qualifying employment be confirmed. The change is part of Announcement...
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