FOMC Announcements
The Fed’s Official Statement And What It Means To The Mortgage Market (August 10 2010)
Tue, 08/10/2010 - 19:18The Fed re-affirmed its plan to hold the Fed Funds Rate near zero percent “for an extended period” today. Mortgage rates remain low and the Refi Boom continues.
The Fed’s Official Statement And What It Means To The Mortgage Market (August 10 2010)
Tue, 08/10/2010 - 19:18The Fed re-affirmed its plan to hold the Fed Funds Rate near zero percent “for an extended period” today. Mortgage rates remain low and the Refi Boom continues.
The Federal Reserve Swings A Subtle Stick In June, Mortgage Rates Drop
Thu, 06/24/2010 - 13:49The Fed wrote in its June press release: "Financial conditions have become less supportive of economic growth on balance, largely reflecting developments abroad." Translated -- Europe concerns us. It's why 30-year fixed mortgage rates are cutting 4.500 percent.
The Federal Reserve Swings A Subtle Stick In June, Mortgage Rates Drop
Thu, 06/24/2010 - 13:49The Fed wrote in its June press release: "Financial conditions have become less supportive of economic growth on balance, largely reflecting developments abroad." Translated -- Europe concerns us. It's why 30-year fixed mortgage rates are cutting 4.500 percent.
The Federal Reserve Swings A Subtle Stick In June, Mortgage Rates Drop
Thu, 06/24/2010 - 13:49The Fed wrote in its June press release: "Financial conditions have become less supportive of economic growth on balance, largely reflecting developments abroad." Translated -- Europe concerns us. It's why 30-year fixed mortgage rates are cutting 4.500 percent.
Explaining The Federal Reserve’s Statement In English (March 16, 2010)
Tue, 03/16/2010 - 19:28Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged, in its target range of 0.000-0.250 percent.
How The Fed’s Official Statement Today Could Move Mortgage Rates In April By 1 Percent Or More
Wed, 12/16/2009 - 21:51A brief recap of the Federal Open Market Committee's December 16, 2009 statement and what it means for mortgage rates, homeowners, and the economy.
How Today’s FOMC Statement Affects Mortgage Rates And Homeowners (November 4, 2009)
Wed, 11/04/2009 - 22:01A brief recap of the Federal Open Market Committee's November 4, 2009 statement and what it means for mortgage rates, homeowners, and the economy.
Video Recap : Federal Open Market Committee Meeting (August 11-12, 2009)
Wed, 08/12/2009 - 20:59Dan Green reviews the Federal Open Market Committee's decision to leave the Fed Funds Rate in its target range, plus the impact on mortgage rates going forward.
Breaking Down The Federal Reserve’s April 29, 2009 Press Release Into Language Anyone Can Understand
Wed, 04/29/2009 - 21:56This afternoon, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within a target range of 0.000-0.250 percent. This was expected so no surprises there. What wasn't expected was the Federal Reserve's relative optimism in its press release.
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