Currently viewing the tag: "fed funds rate"

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.

Continue Reading

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.

The meets every 45 days, on average. Its last meeting was December [...]

Continue Reading

Mortgage rates worsened last week in a holiday-shortened trading week. For the second straight week, conforming and FHA mortgage rates increased.

Continue Reading

Interest Rate Predictions: Mortgage rates improved last week in a…you guessed it…volatile week. This week should be even more volatile.

Continue Reading

Fed talks, we listen. Why mortgage rates rallied yesterday and where are they heading?

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

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

FHA and conforming rates both saw lower rates causing a surge in refinancing activity. For a brief moment on Thursday, mortgage bond prices reached their best levels of the year.

Continue Reading

The adjourns from a scheduled, 2-day meeting today.This is one of the big 8 days scheduled every year.

Upon adjournment, Chairman Ben Bernanke & Co. will release the brief press release that will hit the [...]

Continue Reading

The Federal Reserve adjourns from a scheduled, 2-day meeting today. These tend to be highly influential days where mortgage rates can move significantly in a very short amount of time.

Continue Reading