Posts Tagged ‘FOMC’
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday.
Tags: Fed Funds Rate, FOMC, inflation
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Mortgage markets were mostly unchanged last week, breaking a three-week winning streak.
Tags: FOMC, Greece, Spain
Posted in Mortgage Rates | Comments Off
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Tuesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent.
Tags: Fed Funds Rate, FOMC, inflation
Posted in Federal Reserve | Comments Off
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The Federal Open Market Committee meets today,its second of 8 scheduled meetings this year. As a home buyer or would-be refinancing household, get ready for changing mortgage rates.
Tags: Ben Bernanke, Fed Funds Rate, FOMC
Posted in Federal Reserve | Comments Off
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Mortgage markets were mostly unchanged last week despite a series of positive developments. In addition to Greece successfully reaching a deal with its private creditors, the U.S. economy turned out strong reports — most notably the Non-Farm Payrolls report.
Tags: Federal Reserve, FOMC, Greece
Posted in Mortgage Rates | Comments Off
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Wednesday, the Federal Reserve’s Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent.
Tags: Ben Bernanke, Fed Funds Rate, FOMC
Posted in Federal Reserve | Comments Off
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The outlook for the U.S. economy improved last week, taking the mortgage bond market with it. For the first time this year, conforming mortgage rates rose from one week to the next.
Tags: Eurozone, Existing Home Sales, FOMC
Posted in Mortgage Rates | Comments Off
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The Federal Reserve has released the minutes from its most recent Federal Open Market Committee meeting. December’s Fed Minutes shows Fed members with a positive, cautious, take on the economy.
Tags: Ben Bernanke, Fed Funds Rate, FOMC
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Given global economic conditions and the mortgage bond market’s status as a “safe market”, the failure of rates to fall last week suggests that this may be as low as mortgage rates get. It’s time to look at locking in.
Tags: Fed Funds Rate, FOMC, inflation
Posted in Mortgage Rates | Comments Off
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The Federal Open Market Committee released its November 2011 meeting minutes, revealing a Fed split on whether new stimulus is needed for the U.S. economy.
Tags: Fed Minutes, FOMC, QE3
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The Federal Open Market Committee begins a scheduled, 2-day meeting today, the seventh of its 8 scheduled meetings this year, and the eighth Fed meeting overall.
Tags: Fed Funds Rate, FOMC, Operation Twist
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Mortgage markets moved across a wide range last week before, ultimately, finishing unchanged. The bailout of Greece both dominated headlines and dictated market direction.
Tags: FOMC, Greece, Non-Farm Payrolls
Posted in Mortgage Rates | Comments Off
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Wednesday, the Federal Reserve released the minutes from its 2-day September meeting. The release shows a divided Fed in disagreement about the current U.S. monetary policy.
Tags: Ben Bernanke, FOMC, QE3
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Wednesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent.
Tags: Ben Bernanke, Fed Funds Rate, FOMC
Posted in Federal Reserve | Comments Off
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The Federal Open Market Committee adjourns from a two-day, scheduled meeting today, the sixth of 8 scheduled meetings this year, and the seventh Fed meeting overall. Mortgage rates will be volatile.
Tags: Ben Bernanke, Fed Funds Rate, FOMC
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Mortgage markets improved again last week. The combination of global economic uncertainty plus a dour outlook from the Federal Reserve pushed mortgage bonds to highs for 2011, and drove mortgage rates below their all-time lows.
Tags: Credit Ratings, Eurozone, FOMC
Posted in Mortgage Rates | Comments Off
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Tuesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent. The vote was 7-3.
Tags: Ben Bernanke, Fed Funds Rate, FOMC
Posted in Federal Reserve | Comments Off
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Mortgage markets worsened last week as concerns for the global economy drove new rounds of “safe haven” buying.
Tags: FOMC, Greece, Junk Bonds
Posted in Mortgage Rates | Comments Off
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The Federal Reserve released its June 2011 Federal Open Market Committee meeting minutes Tuesday. It contained no surprises.
Tags: Fed Minutes, FOMC
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Wednesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent. The vote was 10-0 — the fourth straight unanimous vote for the nation’s Central Bank.
Tags: Fed Funds Rate, FOMC
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Mortgage markets improved last week as Wall Street managed news on both sides of the economic coin. There were several instances of higher-than-expected inflation — an event that tends to lead rates higher — but weak domestic jobs data and a soft manufacturing report suppressed the damage.
Tags: FOMC, Greece, inflation
Posted in Mortgage Rates | Comments Off
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The Federal Reserve released its April 2011 Federal Open Market Committee meeting minutes Wednesday. In the hours since, mortgage markets have worsened.
Tags: Fed Minutes, FOMC, inflation
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Last week marked the 3rd consecutive week through which conforming mortgage rates dropped, the longest such streak since February. This week, the jobs report is due.
Tags: FOMC, Greece, jobs report
Posted in Mortgage Rates | Comments Off
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The Federal Open Market Committee voted the Fed Funds Rate unchanged today at 0.000-0.250 percent. The vote was 10-0 — the third straight unanimous vote.
Tags: Ben Bernanke, Fed Funds Rate, FOMC
Posted in Federal Reserve | Comments Off
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If you’re shopping for a mortgage, or floating a rate, consider locking in before the FOMC issues its press release Wednesday at 12:15 PM ET. Once the statement hits, mortgage rates could soar.
Tags: Ben Bernanke, Fed Funds Rate, FOMC
Posted in Federal Reserve | Comments Off
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Conforming mortgage rates ended last week unchanged overall. It’s a strange outcome considering that Standard & Poor’s issued a downgrade on U.S. debt Monday.
Tags: Ben Bernanke, debt, FOMC
Posted in Mortgage Rates | Comments Off
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The Federal Reserve released its March 15 meeting minutes Tuesday. The notes revealed a Federal Reserve split between optimism and caution for the U.S. economy.
Tags: Fed Funds Rate, FOMC
Posted in Mortgage Insights | Comments Off
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Mortgage markets worsened last week in a holiday-shortened trading week. For the second straight week, conforming and FHA mortgage rates increased.
Tags: FOMC, Mortgage Rates, Unemployment
Posted in Weekly Review | Comments Off
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The Federal Reserve released its December 14 meeting minutes Tuesday afternoon. There wasn’t much there to disturb mortgage markets, thankfully.
Tags: Federal Reserve, FOMC, inflation
Posted in FOMC Minutes | Comments Off
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Mortgage markets worsened again last week as belief in a U.S. recovery and concerns for inflation took hold on Wall Street. Conforming mortgage rates rose for the 6th straight week.
Tags: FOMC, inflation, Mortgage Rates
Posted in Weekly Review | Comments Off
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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
Posted in FOMC | Comments Off
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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
Posted in FOMC | Comments Off
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Mortgage markets worsened last week as the U.S. economy showed additional signs of strength; and global demand for mortgage bonds slipped. Conforming mortgage rates rose for the fifth straight week.
Tags: FOMC, Mortgage Rates
Posted in Weekly Review | Comments Off
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Bond markets have not taken kindly to the Fed Minutes. The minutes show a propensity toward Fed “action”, most of which markets believe to be inflationary. Inflation leads to higher mortgage rates and that’s exactly what we’ve seen.
Tags: Fed Minutes, FOMC, inflation
Posted in FOMC Minutes | Comments Off
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Huge gains and losses characterized day-to-day trading last week. Overall, however, conforming mortgage rates improved.
Tags: FOMC, Jobs, Mortgage Rates
Posted in Weekly Review | Comments Off
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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
Posted in FOMC | Comments Off
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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
Posted in FOMC | Comments Off
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