The Federal Reserve went dovish today with their announcement after the FOMC March meeting, conveying employment and economic conditions are historically solid, but slowing. The highlights: No Fed Funds rate increases through 2019-2020. We’ll see, as they were predicting 3 or 4 increases ... » Learn More about Federal Reserve Goes Dovish, Fed Rate to Stay Neutral Through 2019, Mortgage Rates drop
fed funds rates
Federal Reserve Increases Fed Rate Again Another 1/4% to 2.25-2.5% Range, But Mortgage Rates Drop
As expected, the Federal Reserve increased their overnight Fed Funds Rate another .25%. This will put the rate in the 2.25-2.5% range. This will affect consumer short term borrowing costs and interest rates on credit cards, and adjustable rate mortgages with an index tied to short term interest ... » Learn More about Federal Reserve Increases Fed Rate Again Another 1/4% to 2.25-2.5% Range, But Mortgage Rates Drop
Fed Rate Increase of Another 1/4% and Federal Reserve Actions Moving Forward
As expected the Federal Reserve increased their Fed Funds Rate another 1/4% at today's FOMC meeting to 2.0%. Here are some take aways from the Fed Chairman Jerome Powell's news conference, and the markets reaction. Basically no change in Fed policy. Steady rate increases. Slow liquidation of the ... » Learn More about Fed Rate Increase of Another 1/4% and Federal Reserve Actions Moving Forward
Fed Increases Rate 1/4% – Mortgage Rates Jump
The Federal Reserve increased their overnight Fed Funds rate by .25% to .50-.75%. The bond market seemed more concerned about Fed Chair Janet Yellen's press conference, and if the Fed is behind the curve, and moving too slow. Yellen indicated that they are planning three more rate adjustments in ... » Learn More about Fed Increases Rate 1/4% – Mortgage Rates Jump
Fed Keeps Rates Alone – For Now – Good For HELOCs and Most ARMs
The Fed left rates unchanged at today's FOMC meeting. They said that the case for a rate increase has strengthened, but decided to wait for further evidence. There were 3 dissenters - Rosengren, Mester, and George, the most since December 2014. This could set up a hike in December. The Fed's Dots ... » Learn More about Fed Keeps Rates Alone – For Now – Good For HELOCs and Most ARMs