Fed Meeting December 2020
2020 has been a tumultuous year but this month’s Fed meeting, the last of 2020, was not. The biggest concern for everyone is will interest rates move higher? While the final answer to that question has … Read more
Low Rates, Fast Closings, and Exceptional Service
Staying on top of important industry updates, guidelines and programs is essential for both homeowners and homebuyers.
2020 has been a tumultuous year but this month’s Fed meeting, the last of 2020, was not. The biggest concern for everyone is will interest rates move higher? While the final answer to that question has … Read more
War, crisis, and mortgage rates….three words you usually don’t hear together. When we have the potential for war, armed conflict, or an international crisis we are asked this question a lot: How does war and crisis … Read more
Fed Meeting December 2019 – most analysts do not expect much from this meeting. Over the last few months it’s been said by more than one Fed member and on more than one occasion; no more … Read more
Today we have the conclusion of the two-day October Fed meeting. The market is expecting a .25% rate cut and that is exactly what the market received. Also the Fed said it would take a significant … Read more
Heading into the two-day meeting the market was expecting the Fed to lower by a .25%. It’s important to remember this very important fact when reading about Fed action: The Fed does not set mortgage rates … Read more
Today was the conclusion of the two-dat FOMC meeting (Federal Open Market Committee – aka the Fed). The market was expecting a .25% cut and that is exactly what was delivered. No big surprises and up … Read more
The Fed decides to hold for now but expressed concern about the current economic conditions. The initial response from bond markets has been lower yields. Still waiting for the presser to start which should give further … Read more