For its last move in an action-filled year, the Federal Reserve announced it will begin buying its pledged $500 billion in mortgage-backed securities next month.

For home buyers and mortgage rate shoppers, the timing couldn”t be better.

Because December 31 is one of Wall Street”s most thinly-traded days of [...]

In a week defined by low volume and lack of conviction, mortgage markets idled ahead of the holiday last week. Friday”s post-holiday action was even slower.

After falling for two consecutive weeks, mortgage rates held flat last week.

It”s somewhat surprising that mortgage rates didn”t rise [...]

For the first time in over a year, the sales of “used homes” fell below the 5-million unit trendline, helping to push the total home inventory higher by 0.1 percent nationwide.

Based on the rate at which homes are selling nationwide, it would take 11.2 months for the existing housing supply to [...]

Mortgage markets improved last week for the second week in row. After the Federal Reserve said it would use “all available tools” to stimulate the economy, traders responded by driving mortgage rates to 50-year lows.

It didn”t last long, however.

After bottoming out [...]