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Loan Officer Yael Ishakis’s take on mortgage and finance news.

Category: FOMC

A Simple Explanation Of The Federal Reserve Statement (April 28, 2010 Edition)

Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged, in its target range of 0.000-0.250 percent. Mortgage rates are rising this afternoon.

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Published April 28, 2010
Categorized as FOMC Tagged FOMC,Fed Funds Rate

A Simple Explanation Of The Federal Reserve Statement (March 16, 2010 Edition)

Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged, in its target range of 0.000-0.250 percent.

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Published March 16, 2010
Categorized as FOMC Tagged FOMC,Fed Funds Rate

A Simple Explanation Of The Federal Reserve Statement (March 16, 2010 Edition)

Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged, in its target range of 0.000-0.250 percent.

Share
Published March 16, 2010
Categorized as FOMC Tagged FOMC,Fed Funds Rate

A Rate-Locking Strategy For Today’s Fed Meeting

The Federal Open Market Committee adjourns from a scheduled 1-day meeting today, its second of the year. The FOMC has held the Fed Funds Rate in a target range of 0.000-0.250 percent since December 16, 2008, and the voting members of the Fed are expected to vote “no change” again today.

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Published March 16, 2010
Categorized as FOMC Tagged FOMC,Mortgage Rates,Fed Funds Rate

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