The Federal Reserve released its April 2011 Federal Open Market Committee meeting minutes Wednesday. In the hours since, mortgage markets have worsened.
Fed Minutes Put The Heat On Mortgage Rates To Rise
Tag: FOMC,Fed Minutes,Inflation
Fed Minutes Help Push Mortgage Rates To 4-Month High
Bond markets have not taken kindly to the Fed Minutes. The minutes show a propensity toward Fed “action”, most of which markets believe to be inflationary. Inflation leads to higher mortgage rates and that’s exactly what we’ve seen.
Fed Minutes Edge Mortgage Rates Higher
The Federal Reserve released its September 21, 2010 meeting minutes Tuesday afternoon. Mortgage rates are slightly higher today.
The March Fed Minutes Explains Why Home Sales Weren’t Worse This Winter
From March’s Fed Minutes, it’s clear that the Fed’s concern about inflation is hugely diminished — a major plus for the mortgage bond market and mortgage rates.