After six consecutive rate increases of 50 BPS or more, as expected, the Fed raised rates by 25 BPS today (Wednesday), lifting fed funds to a new target range of 4.5-4.75%. More importantly, the committee continued to promise “ongoing increases” in overnight borrowing costs as part of its ongoing and unresolved battle against inflation. By keeping the promise of future rate hikes, the Fed pushed back against investor expectations that it was ready to signal the end of the current tightening cycle.
I’m sure there are plenty of us who would love to forget 2022, but let’s recap what happened in the bond and housing markets and put a bow on the year before we move to a hopefully more profitable 2023
In this article, we will discuss current market outlook. Even though the headlines say, “Everything is down, down, down,” we have some recommendations.
In this blog, we will showcase how investors can utilize MCT Marketplace, to transform the traditional process of acquiring residential whole loans in the secondary market.
