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Ishakis Finance Report Mortgage Broker Brooklyn

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

Tag: FOMC

A Simple Explanation Of The Federal Reserve Statement (November 2, 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.

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Published November 2, 2011
Categorized as Federal Reserve Tagged Fed Funds Rate, FOMC, Operation Twist

Make Your Mortgage Rate Strategy : The Federal Reserve Starts A 2-Day Meeting

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.

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Published November 1, 2011
Categorized as Federal Reserve Tagged Fed Funds Rate, FOMC, Operation Twist

What’s Ahead For Mortgage Rates This Week : October 31, 2011

Mortgage markets moved across a wide range last week before, ultimately, finishing unchanged. The bailout of Greece both dominated headlines and dictated market direction.

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Published October 31, 2011
Categorized as Mortgage Rates Tagged FOMC, Greece, Non-Farm Payrolls

Fed Minutes : A Fed Divided Reaches Comprise

Wednesday, the Federal Reserve released the minutes from its 2-day September meeting. The release shows a divided Fed in disagreement about the current U.S. monetary policy.

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Published October 14, 2011
Categorized as Federal Reserve Tagged Ben Bernanke, FOMC, QE3

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.

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Published September 21, 2011
Categorized as Federal Reserve Tagged Ben Bernanke, Fed Funds Rate, FOMC

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.

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Published September 21, 2011
Categorized as Federal Reserve Tagged Ben Bernanke, Fed Funds Rate, FOMC

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.

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Published September 21, 2011
Categorized as Federal Reserve Tagged Ben Bernanke, Fed Funds Rate, FOMC

Fed Minutes : Fed Considered Additional Stimulus In August

The Federal Reserve released the minutes from its August 9, 2011 Federal Open Market Committee meeting Tuesday.

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Published August 31, 2011
Categorized as Federal Reserve Tagged Ben Bernanke, Fed Minutes, FOMC

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.

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Published August 19, 2011
Categorized as Mortgage Rates Tagged Basis Points, Fed Funds Rate, FOMC

What’s Ahead For Mortgage Rates This Week : August 15, 2011

Mortgage markets improved again last week. The combination of global economic uncertainty plus a dour outlook from the Federal Reserve pushed mortgage bonds to highs for 2011, and drove mortgage rates below their all-time lows.

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Published August 15, 2011
Categorized as Mortgage Rates Tagged Credit Ratings, Eurozone, FOMC

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