The Federal Open Market Committee begins a scheduled, 2-day meeting today, the seventh of its 8 scheduled meetings this year, and the eighth Fed meeting overall.
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.
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.
Capitalize On Low Interest Rates In Overlooked Places
It’s no secret. Rates are low right now. And, it’s not just mortgage rates, either — all types of rates are scraping rock-bottom. Borrowing rates, lending rates and savings rates are at or near their all-time lowest levels.
Mortgage Rates Don’t Move With The Fed Funds Rate
Mortgage rates and the Fed Funds Rate are two different interest rates; completely disconnected. Here’s a chart that proves it.
What Perks Does Your Favorite Credit Card Offer?
Credit cards of all types do what they can to improve consumer loyalty. Offering free perks is just one way in which they try.
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.
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.
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.
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.