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Interest rates will stay higher for longer as the Federal Reserve pauses further interest rate cuts to give inflation room to drop closer to its 2% target rate.  

Forecasts for policy from Wednesday’s Federal Open Market Committee’s meeting suggested the FOMC would cease cutting short-term rates for the first time since September and indeed it did.

We need industry thought leaders if mortgage lending is going to advance moving forward. As a result, for the 5th year in a row PROGRESS in Lending is honoring industry thought leaders.

Voxtur Analytics Corp. is is now integrated with MeridianLink Inc., a provider of software platforms for financial institutions and consumer reporting agencies.

Voxtur Analytics Corp. is pleased to announce a critical integration with MeridianLink, Inc. (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies.

The HPI rose in the third quarter by 4.3% year-over-year. This is the data the agency uses to make its determination as required by the Housing and Economic Recovery Act.

U.S. home prices rose at an annual rate of 3.9% in September, down from a 4.3% annual rate in the prior month, but it still was the 16th month in a row of all-time highs, according to the S&P CoreLogic Case-Shiller National Home Price Index.

U.S. home prices continued to decelerate in September, falling to an annual gain of 3.9%, down from an annual gain of 4.3% in August, according to the S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.

Housing industry split on impact of latest Fed rate cut. The Federal Reserve announced its second rate cut of the year on Thursday. The quarter-point reduction has been closely watched by the mortgage industry, but experts suggest its effects may not be felt by homebuyers right away.

Federal Reserve cuts anchor rate by 25 basis points as expected. Benchmark rate now at target range of 4.5%-4.75%.