Investors have reacted to the Federal Reserve's plan to shrink the balance sheet so far in exactly the opposite way that policymakers had feared.

Employment in the nondepository mortgage banker and broker sector fell for the second consecutive month in February, a possible sign of growing concern about shrinking demand for mortgages.

Returns from funds investing primarily in government-related mortgage securities were stronger in the first quarter than they were in the fourth quarter of 2016, but aren't quite as strong as in the first quarter of 2016.

The average weekly rate for a 30-year fixed-rate mortgage dropped to 4.1% from 4.14% despite the release of information about further tapering of the Federal Reserve's mortgage bond holdings.

Most Federal Reserve officials agree that they will begin shrinking their super-sized balance sheet later this year.

Richmond Fed President Jeffrey Lacker resigned Tuesday after revealing that he inadvertently disclosed confidential information about monetary policy to an analyst in 2012.

Keeping a roof over your head in North Texas has never cost so much before.

Federal Reserve Bank of Dallas President Robert Kaplan said the central bank should roll off both mortgage-backed securities and Treasury holdings when it begins to let its balance sheet shrink.

U.S. bank regulators have tentatively agreed to ease an appraisal requirement that could help commercial real estate borrowers.

With interest rates on the rise, analysts say the Fed could start shrinking its unprecedented $1.75 trillion position in mortgage-backed securities by year-end.

Homes for sale listings are scarcer than they've ever been entering the spring selling season.

The Federal Reserve’s Federal Open Market Committee on Wednesday raised the federal funds rate 0.25%, marking only the third rate hike since the financial crisis.

Raphael Bostic, an economist and a professor of public policy at the University of Southern California, has been named the 15^th president of the Federal Reserve Bank of Atlanta, and will become the first African-American to head a regional Fed bank.

Application activity increased 3.3% from one week earlier, even though mortgage interest rates rose on speculation the Federal Open Market Committee could act in March.