Banks Responding Slowly To Mortgage Demand

Big U.S. banks are hiring mortgage bankers to meet a surge in demand for home loans and refinancings, but they are still struggling to process applications, which could undermine the Federal Reserve's attempts to stimulate the economy.

Topics:  big u.s   federal reserve   banks   mortgage   demand   
BING NEWS:
  • Barclays Raises Mortgage Interest Rates Following Disappointing Inflation Figures
    B arclays, one of the leading players in the banking industry, has made significant adjustments to its mortgage rates in response to recent economic developments, particularly concerning inflation.
    04/18/2024 - 10:39 pm | View Link
  • Slowing inflation piles pressure on central banks to pivot
    The European Central Bank was thrust into the forefront of this debate this week after eurozone inflation fell to 2.4 per cent, its lowest level since July 2021, taking price growth tantalisingly ...
    12/2/2023 - 6:17 pm | View Link
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