Tag Archives: FOMC,Fed Funds Rate,Mortgage Rates

The Fed Is Meeting Today. Should You Float Or Lock Your Mortgage Rate?

We can’t be sure what the Fed will say or do this afternoon so if youâ??re floating a rate right now and wondering whether the time is right to lock, the safe choice is to lock before 2:15 PM ET today. Continue reading

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A Simple Explanation Of The Federal Reserve Statement (June 23, 2010 Edition)

Today, in its first meeting in 5 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. The Fed Fund Rate remains within its target range of 0.000-0.250 percent. Continue reading

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A Simple Explanation Of The Federal Reserve Statement (June 23, 2010 Edition)

Today, in its first meeting in 5 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. The Fed Fund Rate remains within its target range of 0.000-0.250 percent. Continue reading

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