A shift in expectations regarding an October Fed rate hike could carry over into the mechanisms used to price mortgages, enhancing the pessimism in the market.
Brad Finkelstein is the Originations Editor at National Mortgage News. He specializes in loan production and its related processes, covering a wide range of topics including the housing market, residential and commercial real estate, and financial technology. Brad has been featured in Digital Insurance, American Banker, and NewsBreak, among others.