Posts discussing Rocky IV

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23Jun2009
Author
Dan Green
Filed Under
Federal Reserve
Mortgage Rate-Locking Strategies Ahead Of This Week’s Federal Reserve Meeting Thumbnail

Mortgage Rate-Locking Strategies Ahead Of This Week’s Federal Reserve Meeting

So that brings us to today's Federal Open Market Committee meeting. Looking at the chart at top, markets are 99.3% certain that the Federal Reserve won't raise the Fed Funds Rate from its current range of "near-zero". Investors have come to this conclusion because the Fed has repeatedly said it will keep the Fed Funds Rate as low as possible for as long as possible. There's no real reason to raise it now.

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