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- Jumbo And Super-Jumbo Mortgages : Rates Are Low And Guidelines LoosePosted on December 8, 2011
- FHA Loan Limits Raised To $729,750; Conventional To Remain At $625,500Posted on November 21, 2011
- HARP Program : The Complete HARP II Eligibility RequirementsPosted on November 16, 2011
- The FHA Streamline Refinance : The Complete Mortgage Guidelines (Plus Mortgage Rates)Posted on November 7, 2011
- The Complete USDA / Rural Housing Mortgage GuidelinesPosted on August 29, 2011
- Dan Green. NMLS #227607. Illinois Residential Mortgage Licensee, 031.0005658. Ohio Residential Mortgage Licensee LO.034597.000, 10979 Reed Hartman Hwy, Suite 118A Cincinnati, OH 45242. This is not a commitment to lend. All rights reserved. Waterstone Mortgage Corp. (NMLS #186434) is a wholly owned subsidiary of WaterStone Bank SSB. (NASDAQ: WSBF). State of Ohio licensee exempt.
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Posts discussing WWF

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26Jan2010

Author

Dan Green

Filed Under

Federal Reserve

Watching How Mortgage Rates Moves As Compared To The Fed Funds Rate (1990-2010)

The Federal Reserve begins a scheduled 2-day meeting today during which it which it will vote to leave the Fed Funds Rate unchanged near zero percent. The press will report this tomorrow as "Fed Holds Rates Steady". But, don't confuse this to mean that the Fed held mortgage rates near zero. The Fed doesn't set mortgage rates. The Fed sets the Fed Funds Rate. The former is a long-term rate and the latter is a short-term rate. The Fed Funds Rate and the 30-year fixed mortgage are two different animals.

Posts discussing WWF

Author

Filed Under

Watching How Mortgage Rates Moves As Compared To The Fed Funds Rate (1990-2010)

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