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Category Archives: Federal Reserve
A Simple Explanation Of The Federal Reserve Statement (September 21, 2011 Edition)
Wednesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent. Continue reading
The Fed Adjourns At 2:15 PM ET Today : What It Means For Mortgage Rates
The Federal Open Market Committee adjourns from a two-day, scheduled meeting today, the sixth of 8 scheduled meetings this year, and the seventh Fed meeting overall. Mortgage rates will be volatile. Continue reading
Fed Minutes : Fed Considered Additional Stimulus In August
The Federal Reserve released the minutes from its August 9, 2011 Federal Open Market Committee meeting Tuesday. Continue reading
A Simple Explanation Of The Federal Reserve Statement (August 9, 2011 Edition)
Tuesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent. The vote was 7-3. Continue reading
Fed Minutes Hint At New Economic Stimulus
The Federal Reserve released its June 2011 Federal Open Market Committee meeting minutes Tuesday. It contained no surprises. Continue reading
A Simple Explanation Of The Federal Reserve Statement (June 22, 2011 Edition)
Wednesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent. The vote was 10-0 — the fourth straight unanimous vote for the nation’s Central Bank. Continue reading
Fed Minutes Put The Heat On Mortgage Rates To Rise
The Federal Reserve released its April 2011 Federal Open Market Committee meeting minutes Wednesday. In the hours since, mortgage markets have worsened. Continue reading
A Simple Explanation Of The Federal Reserve Statement (April 27, 2011 Edition)
The Federal Open Market Committee voted the Fed Funds Rate unchanged today at 0.000-0.250 percent. The vote was 10-0 — the third straight unanimous vote. Continue reading
Mortgage Rates — And Home Affordability — At The Whim Of The Federal Reserve
If you’re shopping for a mortgage, or floating a rate, consider locking in before the FOMC issues its press release Wednesday at 12:15 PM ET. Once the statement hits, mortgage rates could soar. Continue reading
March Fed Minutes Show Inflation Risks And Rate Hikes On The Horizon
The Federal Reserve released its March 15 meeting minutes Tuesday. The notes revealed a Federal Reserve split between optimism and caution for the U.S. economy. Continue reading