Posts tagged as:

FOMC,Fed Funds Rate,Mortgage Rates

The Fed Is Meeting Today. Should You Float Or Lock Your Mortgage Rate?

August 10, 2010

We can’t be sure what the Fed will say or do this afternoon so if you’re floating a rate right now and wondering whether the time is right to lock, the safe choice is to lock before 2:15 PM ET today.

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A Simple Explanation Of The Federal Reserve Statement (June 23, 2010 Edition)

June 23, 2010

Today, in its first meeting in 5 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. The Fed Fund Rate remains within its target range of 0.000-0.250 percent.

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A Simple Explanation Of The Federal Reserve Statement (June 23, 2010 Edition)

June 23, 2010

Today, in its first meeting in 5 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. The Fed Fund Rate remains within its target range of 0.000-0.250 percent.

Get the full edu-torial scoop here →

The Fed Adjourns From A 2-Day Meeting Today And What It Means For Mortgage Rates

April 28, 2010

The Federal Reserve adjourns from a scheduled, 2-day meeting today. It’s one of 8 scheduled Fed meetings for 2010. Upon adjournment, Fed Chairman Ben Bernanke & Co. will release a formal statement to the market. In it, the Fed is expected to announce “no change” in the Fed Funds Rate. Mortgage rates, however, WILL change.

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