Currently viewing the tag: "FOMC"

Interest Rate Predictions | Week of January 24, 2011

On January 24, 2011 By

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

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Mortgage Rates Unchanged…Then Very Changed

On January 5, 2011 By

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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What's Ahead For Mortgage Rates This Week : December 20, 2010

On December 20, 2010 By

Mortgage markets worsened again last week as belief in a U.S. recovery and concerns for took hold on Wall Street.  Conforming rose in Illinois for the 6th straight week.

According to Freddie Mac’s weekly [...]

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Mortgage Rate Predictions | Week of December 13, 2010

On December 13, 2010 By

Mortgage rates rose for the fifth straight week last week. It’s been a volatile stretch that has seen incredible swings in mortgage rates day to day as the U.S. economy keeps showing signs of strength and recovery.

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Interest Rate Predictions | Week of November 8, 2010

On November 8, 2010 By

As we mentioned last week, the 30 Year Fixed v. 5/1 ARM gap may widen and we saw it at the end of the week. The fixed rates improved less on the week than the adjustables.

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Fed Meeting Adjourns

On November 3, 2010 By

The post-meeting statement was just released on their site. From the statement:

To promote a stronger pace of economic recovery and to help ensure that , over time, is at [...]

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Interest Rate Predictions: Week of November 1, 2010

On November 1, 2010 By

Conforming and FHA mortgage rates rose as much as 0.375% during the worst of the Monday through Wednesday sell-off, but logged strong rallies Thursday and Friday.

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Mortgage Rates Improve On Fed Policy Statement

On September 21, 2010 By

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

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Fed Meeting Ends Today: Lock or Float Your Mortgage Rate?

On September 21, 2010 By

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.

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Interest Rate Predictions | Week of September 20, 2010

On September 20, 2010 By

Should the market develop any conviction, it is certainly more likely that mortgage rates would jump significantly rather than go down substantially. In handicapping these rates, there is just so much risk of interest rates moving higher and yet not much room for them to move lower.

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