Posts Tagged ‘FOMC’
All things considered, it’s dangerous to float a mortgage rate this week. If you’re not already locked, talk to your loan officer prior to Wednesday afternoon.
Tags: FOMC, Mortgage Rates, QE2
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The Federal Reserve released its September 21, 2010 meeting minutes Tuesday afternoon. Mortgage rates are slightly higher today.
Tags: Fed Minutes, FOMC, inflation
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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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This week, there’s a lot of data and news due for release, the most influential to markets of which is the Federal Open Market Committee’s scheduled policy meeting.
Tags: FOMC, Mortgage Rates, Non-Farm Payrolls
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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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Last week, rates fell to all-time lows (again) Thursday. By Friday morning, though, pricing was worsening on profit-taking and in preparation for this week — a week that promises to be heavy on both data and rhetoric.
Tags: 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
Posted in FOMC, Interest Rates, Mortgage Rates | Comments Off
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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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Mortgage rates rose last week. This week, economic data will be at the forefront, as will the Federal Reserve which meets for one of its 8 scheduled meetings of the year.
Tags: FOMC, Goldman Sachs, Mortgage Rates
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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
Posted in FOMC, The Fed | Comments Off
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