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.
Entries Tagged as 'Economy'
A Simple Explanation Of The Federal Reserve Statement (June 22, 2011 Edition)
June 22nd, 2011 · Comments Off on A Simple Explanation Of The Federal Reserve Statement (June 22, 2011 Edition)
Tags: Federal Reserve
Fed Minutes Put The Heat On Mortgage Rates To Rise
May 19th, 2011 · Comments Off on 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.
Tags: Federal Reserve
A Simple Explanation Of The Federal Reserve Statement (April 27, 2011 Edition)
April 27th, 2011 · Comments Off on 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.
Tags: Federal Reserve
Mortgage Rates — And Home Affordability — At The Whim Of The Federal Reserve
April 26th, 2011 · Comments Off on 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.
Tags: Federal Reserve
March Fed Minutes Show Inflation Risks And Rate Hikes On The Horizon
April 6th, 2011 · Comments Off on 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.
Tags: Federal Reserve
A Simple Explanation Of The Federal Reserve Statement (March 15, 2011 Edition)
March 15th, 2011 · Comments Off on A Simple Explanation Of The Federal Reserve Statement (March 15, 2011 Edition)
Today, for the second straight meeting, the Federal Open Market Committee voted unanimously to leave the Fed Funds Rate unchanged within its target range of 0.000-0.250 percent. The vote was 10-0.
Ignore The Case-Shiller Index; Focus On The Future Instead
March 10th, 2011 · Comments Off on Ignore The Case-Shiller Index; Focus On The Future Instead
December’s Case-Shiller Index showed major devaluations nationwide. As compared to December 2009, on a year-over-year basis, home values fell in 18 of the Case Shiller Index’s 20 tracked markets, and the U.S. National Index dropped 4 percent overall. The retreat puts December’s home values at similar levels as compared to early-2003.
Tags: Case-Shiller Index · Economy · Real Estate
Military Personnel Can Still Claim The $8,000 Homebuyer Tax Credit
March 9th, 2011 · Comments Off on Military Personnel Can Still Claim The $8,000 Homebuyer Tax Credit
For certain members of the military, and for certain federal employees, there’s just 2 months remaining to get use the federal home buyer tax credit.
Tags: Homebuyer Tax Credit · Mortgage Lending · Real Estate
FHA : Monthly Mortgage Insurance Premiums To Rise April 18, 2011
March 8th, 2011 · Comments Off on FHA : Monthly Mortgage Insurance Premiums To Rise April 18, 2011
Effective for all FHA case numbers assigned on, or after, April 18, 2011, annual mortgage insurance premiums (MIP) will increase 25 basis points.
Tags: FHA Mortgages · Mortgage Lending
Fed Minutes Show Lower Unemployment And Higher Growth For 2011 and 2012
February 19th, 2011 · Comments Off on Fed Minutes Show Lower Unemployment And Higher Growth For 2011 and 2012
The Federal Reserve released its most recent meeting minutes Wednesday. Fed Minutes are the unabridged version of the succinct, more well-known “Fed Statement” that’s released immediately post-adjournment.