So far, the mortgage business has gone unscathed by the declining dollar. But interest rates could climb again if the Federal Reserve reacts to support the dollar, so home lenders are not in the clear yet.

While many in the industry had expected interest rates to continue the leisurely decline that started two weeks ago, it is unclear now whether the Fed will raise short-term interest rates, a move that could bring the decline to an end.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.