All posts in category FOMC

A Simple Explanation Of The Federal Reserve Statement (December 14, 2010 Edition)

Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged within in its target range of 0.000-0.250 percent.

Make A Mortgage Rate Strategy Ahead Of Today’s Fed Meeting

The Federal Open Market Committee holds a one-day meeting today, its 8th scheduled meeting of the year and 10th overall.

A Simple Explanation Of The Federal Reserve Statement (November 3, 2010 Edition)

Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged within in its current target range of 0.000-0.250 percent.

Mortgage Rate Lock Alert : Expect Rate Changes Wednesday Afternoon

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.

A Simple Explanation Of The Federal Reserve Statement (September 21, 2010 Edition)

Today, in its 7th meeting of the year, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged.

The Federal Reserve Meets Today. Should You Lock Your Rate Before It Adjourns?

If you’re actively shopping for a mortgage, it may be prudent to lock your rate ahead of the Fed’s announcement today.

August’s Fed Minutes Lead Mortgage Rates Higher

Home affordability took a slight hit this week after the Federal Reserve’s release of its August 10 meeting minutes.

A Simple Explanation Of The Federal Reserve Statement (August 10, 2010 Edition)

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.

The Fed’s June Minutes Keep Mortgage Rates In Rally-Mode

At 7,333 words, the June Fed Minutes is the unabridged version of the more well-known, post-meeting press release. The corresponding press release was just 360 words. It turns out, the Fed’s words are doing wonders for mortgage rates.

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