Freddie Mac Business Activity Slowed in April

Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 13.2 percent in April compared to a 27.2 percent gain in March. The portfolio balance at the end of the period was $ 2.785 trillion compared to $ 2.927 trillion the prior month and $ 2.434 trillion a year […]

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Refinance Activity Broke an Almost 9-Year Record in February

It hasn’t exactly been a scramble, but homeowners have stepped up their refinancing activity over the last two months as they saw interest rates begin a slow but steady march higher.  The February Origination Insights Report from ICE Mortgage Technology shows the refinancing share of all loans originated during the month moved 1 point higher […]

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Chicago Fed National Activity “Index Suggests Economic Growth Increased in October”

Note: This is a composite index of other data. From the Chicago Fed: Index Suggests Economic Growth Increased in October Led by improvements in production-related indicators, the Chicago Fed National Activity Index (CFNAI) increased to +0.83 in October from +0.32 in September. Three of the four broad categories of indicators used to construct the index […]

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