Currently viewing the tag: "federal reserve"

The Federal Reserve released its most recent meeting minutes Wednesday. Fed Minutes are the unabridged version of the succinct, more well-known “Fed Statement” that’s released immediately post-adjournment.

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Mortgage rates remain low but qualification standards do not. Last quarter’s banking survey shows that guidelines may be loosening, though. It’s another good sign for housing.

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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.

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The 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 Fed meets every 45 days, on average. Its last [...]

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If unemployment moves lower, it is usually will mean that home values and mortgage rates move higher. If that’s the case, home affordability figures should drop from these unprecedented levels.

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The September Case-Shiller Index was released Tuesday. This is Standard & Poors home-value tracker.

In general, prices were down 0.7% from August.

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In last week’s interest rate predictions, we discussed that a holiday trading week could be a momentum-driven week. It was.

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Planning Your Home Loan Approval

On November 10, 2010 By

While mortgage rates are at their lowest levels in recorded history, qualification requirements are at their highest levels in recent history.

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Mortgage rates could very well dip a little bit lower. On the other hand, they are so overbought that any positive momentum in the market could spark a major sell off.

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

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