First Time Home Buyers
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"FOMC"
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.
Continue Reading →Fed talks, we listen. Why mortgage rates rallied yesterday and where are they heading?
Continue Reading →Today, in its 7th meeting of the year, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged.
Continue Reading →Mortgage rates, on the other hand, will likely change today. Perhaps dramatically. Home mortgage rates don’t tend to vary based on what the Fed does, but rather what the Fed says.
Continue Reading →If you’re actively shopping for a mortgage, it may be prudent to lock your rate ahead of the Fed’s announcement today.
Continue Reading →Our weekly interest rate predictions forecast volatility and all signs are that we are in for a choppy few days between now and the holiday weekend.
Continue Reading →Home affordability took a slight hit this week after the Federal Reserve’s release of its August 10 meeting minutes.
Continue Reading →The Fed left rates unchanged after its first meeting in six weeks. Mortgage rates were unchanged Tuesday, but are trying to stage a rally today.
Continue Reading →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.
Continue Reading →We can’t be sure what the Fed will say or do this afternoon so if youâre 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.
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