Archive for the ‘FOMC’ Category
Today, for the second straight meeting, the Federal Open Market Committee voted unanimously to leave the Fed Funds Rate unchanged within its target range of 0.000-0.250 percent. The vote was 10-0.
Tags: Ben Bernanke, Fed Funds Rate, inflation
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The Federal Open Market Committee meets today in Washington D.C. The FOMC is a special group within the Federal Reserve, led by Fed Chairman Ben Bernanke, and consisting of 12 members.
Tags: Ben Bernanke, Federal Reserve
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The Federal Reserve released its most recent meeting minutes Wednesday. Fed Minutes are the unabridged version of the succinct, more well-known “Fed Statement” that’s released immediately post-adjournment.
Tags: Ben Bernanke, Federal Reserve, inflation
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Today, the Federal Open Market Committee voted 10-to-o to leave the Fed Funds Rate unchanged within in its target range of 0.000-0.250 percent. Mortgage rates are reacting.
Tags: Fed Funds Rate, Federal Reserve
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The Federal Open Market Committee begins a 2-day meeting today in Washington D.C. It’s the group’s first meeting of 2011 — one of 8 scheduled for the year.
Tags: Fed Funds Rate, Federal Reserve, Mortgage Rates
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Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged within in its target range of 0.000-0.250 percent.
Tags: Fed Funds Rate, Federal Reserve, FOMC
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The Federal Open Market Committee holds a one-day meeting today, its 8th scheduled meeting of the year and 10th overall.
Tags: FOMC, Mortgage Rates
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Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged within in its current target range of 0.000-0.250 percent.
Tags: Federal Reserve, FOMC, QE2
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The Federal Reserve ends a scheduled, 2-day meeting today. It’s the seventh of 8 scheduled Fed meetings in 2010, and the eighth overall this year. Mortgage rates should be especially jumpy.
Tags: Federal Reserve, FOMC, QE2
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Today, in its 7th meeting of the year, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged.
Tags: Fed Funds Rate, Federal Reserve, FOMC
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If you’re actively shopping for a mortgage, it may be prudent to lock your rate ahead of the Fed’s announcement today.
Tags: Federal Reserve, FOMC, Mortgage Rates
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Home affordability took a slight hit this week after the Federal Reserve’s release of its August 10 meeting minutes.
Tags: Fed Minutes, FOMC
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Today, in its first meeting in 6 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. The Fed Fund Rate remains at a historical low, within a prescribed target range of 0.000-0.250 percent.
Tags: Fed Funds Rate, Federal Reserve, FOMC
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We can’t be sure what the Fed will say or do this afternoon so if you’re floating a rate right now and wondering whether the time is right to lock, the safe choice is to lock before 2:15 PM ET today.
Tags: Fed Funds Rate, FOMC, Mortgage Rates
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At 7,333 words, the June Fed Minutes is the unabridged version of the more well-known, post-meeting press release. The corresponding press release was just 360 words. It turns out, the Fed’s words are doing wonders for mortgage rates.
Tags: Fed Minutes, FOMC, Mortgage Rates
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Today, in its first meeting in 5 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. The Fed Fund Rate remains within its target range of 0.000-0.250 percent.
Tags: Fed Funds Rate, FOMC, Mortgage Rates
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The Federal Open Market Committee begins a 2-day meeting today, its fourth scheduled meeting of the year, and fifth overall. There’s no expectation for the Fed to change the Fed Funds Rate but that doesn’t mean consumers should expect mortgage rates to remain unchanged, too.
Tags: Ben Bernanke, FOMC, Mortgage Rates
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After starting the day in the red, mortgage rates rebounded Wednesday afternoon after the Federal Reserve released its April 27-28, 2010 meeting minutes.
Tags: Fed Minutes, FOMC
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The Federal Reserve adjourns from a scheduled, 2-day meeting today. It’s one of 8 scheduled Fed meetings for 2010. Upon adjournment, Fed Chairman Ben Bernanke & Co. will release a formal statement to the market. In it, the Fed is expected to announce “no change” in the Fed Funds Rate. Mortgage rates, however, WILL change.
Tags: Fed Funds Rate, FOMC, Mortgage Rates
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Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged, in its target range of 0.000-0.250 percent. Mortgage rates are rising this afternoon.
Tags: Fed Funds Rate, FOMC
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Yesterday, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged, in its target range of 0.000-0.250 percent. In its press release, the FOMC noted that the U.S. economy “has continued to strengthen” and that the jobs markets “is stabilizing”. It also said that business spending has “has risen significantly”. This…Read the Rest of Article
Tags: Fed Funds Rate, FOMC, mortgage market, Mortgage Rates
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