Daily Dose

So now that the rates are higher, mortgage industry professionals are now wondering how this change will be impact their business moving forward into the new year. Several executives sat down with MReport to give their thoughts on if the housing market will thrive, stall, or completely shatter in the near future.

Now that the Federal Reserve has raised the federal funds target rate, which will impact interest rates, prospective homebuyers are probably weighing their mortgage financing options.

Many factors have been contributed to the lessening number of young homeowners over time—excluding a brief spike during the housing boom—but this may be about to change in the near future.

Careless underwriting standards is causing an influx of credit risk in bank lending portfolios, which could be a huge mistake for these lenders over the long-term.

Despite yesterday's report that home builders' confidence was down, they have certainly been busy with new construction in November 2015.

The Federal Reserve made the long-awaited, much-anticipated announcement on Wednesday afternoon that federal funds target rate will increase by a quarter of a percentage point from its near-zero level where it has been since 2006.

Soft economic growth in Q4 to this point has done nothing to change Fannie Mae’s forecast for economic growth forecast for 2016, as current economic conditions suggest that that a long-anticipated increase in the federal funds target rate will be announced Wednesday afternoon

The title industry is yet another piece of the mortgage industry that has felt the effects of a prosperous housing market and new regulations and the CFPB. Although the road has not been easy, title companies have managed to stay ahead of things by adapting to changes.

Tomorrow all eyes are on the Federal Reserve, and the housing industry could experience a shake not felt in over nine years. The industry has been practically holding their breath anticipating what the Fed may or may not do after the Federal Open Market Committee wraps up its last meeting of the year.

Confidence among home builders dipped down slightly in December, but builders remain optimistic about the housing market.