Federal Open Market Committee (FOMC)

The Fed is keeping the Fed Funds Rate in its target range of 0.000-0.250 and has closed all but one of its emergency liquidity programs. Get the breakdown of the Fed's statement and what it means to mortgage rates.

A brief recap of the FOMC's statement today and what it means to mortgage rates. In short, rates are higher and should go higher still.

Recapping the Federal Open Market Committee's September 23, 2009 statement and what it means for mortgage rates, homeowners, and the economy.

If you've been a loan officer long enough, you start to notice certain trends emerge in mortgage rates, mortgage products, and in the market overall. Here's an easy trend that even the lay can understand: When loan defaults spike, mortgage guidelines get tight. It's why I'm telling you for the...

Read the full post at http://www.themortgagereports.com

The Federal Open Market Committee adjourns from its two-day meeting this afternoon. The voting members are widely expected to lower the Fed Funds Rate by a half-percent to 0.500 percent, the lowest Fed Funds Rate in recorded history. Mortgage rates should rise in response. This is a...

Read the full post at http://www.themortgagereports.com

Parsing The Fed (October 29, 2008 Edition)

Translating The Federal Reserve's Announcement Into English (August 5, 2008)

While former Fed Chairman Alan Greenspan goes to the press in defense of his reputation, the Wall Street Journal's Greg Ip gets practical, talking about the Federal Reserve's options as the current credit crunch deepens. Cut the Fed Funds Rate?...

If you've been a loan officer long enough, you start to notice certain trends emerge in mortgage rates, mortgage products, and in the market overall. Here's an easy trend that even the lay can understand: When loan defaults spike, mortgage guidelines get tight. It's why I'm telling you for the...

*** Click the title to see complete post and pictures from http://www.themortgagereports.com ***