Currently viewing the tag: "fed funds rate"

Mortgage Rate Predictions: Week of March 22, 2010

On March 22, 2010 By

closed out the week unchanged, but the story of the week was anything but flat.

Monday, Tuesday and Wednesday saw a steady improvement before Thursday and Friday took back the week’s gains.

Right now,

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Mortgage Rate Predictions: Week of March 22, 2010

On March 22, 2010 By

Last week was simple: Rates unchanged. However, between the lines, it was a volatile week. Monday through Wednesday saw improvements and Thursday and Friday saw an equally quick sell-off.

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Quick Recap of the Fed Statement

On March 16, 2010 By

Today’s meeting left the unchanged at 0.000-0.250%.

Six straight statements with very optimistic statements and further reinforcements that the economy has moved out of the 2008-2009 recession.

Positive notes included that the U.S. [...]

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First Time Home Buyer Rates Improve On Fed Release

On March 16, 2010 By

No change to Fed Funds Rate. That doesn’t directly relate to “no change” in rates for the first time home buyer programs, but the release was good news for mortgage rates.

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Fed Meeting and Interest Rates

On March 16, 2010 By

This is because the Fed Funds Rate is really a different interest rate from the rates first time home buyers get from a lender.

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Loan Rate Predictions | Week of March 15, 2010

On March 15, 2010 By

Most first time home buyer programs saw rates go a little higher last week. The economic calendar was almost empty and the markets drifted just slightly higher.

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First Time Homebuyers – Tick Tock

On February 18, 2010 By

They were indeed influential, pushing rates to their highest levels of the year for most first time home buyer loans. The notable exception was the state programs as those are not typically driven by market fluctuation.

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A Simple Explanation Of The Federal Reserve Statement (January 27, 2010 Edition)

On January 27, 2010 By

The Federal Open Market Committee voted to leave the Fed Funds Rate within 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”, that the jobs markets is getting better, and that financial markets are supportive of growth.

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Fed Policy Statement Today

On January 27, 2010 By

Current forecasts are for no changes to the Fed Funds Rate. We are watching the policy statement. We’ll post an update after the meeting adjourns when we see how it will impact mortgage rates.

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The relationship between Fed Funds Rate and Mortgage Rates

On December 15, 2009 By

Repeat after me:

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