Posts discussing Roxanne

Mortgage rates and markets change constantly. Stay 100% current by taking The Mortgage Reports by email each day. Click here to get free email alerts, or subscribe to the RSS feed in your browser.

11Aug2009
Author
Dan Green
Filed Under
Federal Reserve
Mortgage Rate Lock Strategies For Tomorrow’s FOMC Meeting Thumbnail

Mortgage Rate Lock Strategies For Tomorrow’s FOMC Meeting

The Fed Funds Rate is in a "target range" of 0.000-0.250 percent -- the lowest it's been history. It's a stimulative position for the economy and markets don't expect the rate to change. Based on trading in Fed Funds Futures, Wall Street predicts with 100% certainty that the Federal Open Market Committee will vote to leave the Fed Funds Rate unchanged. However, just because the Fed Funds Rate will be staying as-is doesn't mean that mortgage rates will, too.

Read More