Posts Covering Federal Reserve

Federal Reserve raises rates as expected, but we could be in for a wild ride

The Federal Reserve announced a rate increase as expected. But here's what you might not have anticipated.

What mortgage rate history can tell us about the future

How useful is mortgage rate history? Mortgage rate history may sound a pretty boring topic. Indeed, you may subscribe to the Henry Ford school, which believes that all history is bunk. However, knowing how mortgage rates behaved in the past can help you understand what might happen to them in the future. That knowledge could […]

Fed hikes rates. What does it mean for your mortgage?

The Fed hiked rates for just the fifth time since the financial crisis. What does that mean for mortgage rates?

Fed Preview: Rate Increase Expected, But What Will Janet Do?

As the FOMC meets for the final time in 2017, analysts expect a rate hike. Janet Yellen's comments on future Fed actions could have a ripple effect.

Federal Reserve Chair to Congress: ‘U.S. economy has strengthened’

Federal Reserve says things are looking up U.S. economic growth has strengthened in 2017, signaling the need for gradual interest rate hikes to ensure a continued recovery, Federal Reserve Chair Janet Yellen told lawmakers Wednesday. Yellen didn’t give specifics on whether the Federal Open Market Committee, or FOMC, will increase interest rates at its meeting, […]

Fed meeting: Interest rates remain as-is; hurricane impact negligible

The Fed holds rates steady. But another hike is expected in December. What does that mean for mortgage shoppers?

Fed meeting: Committee says inflation not yet a concern, rates unchanged

This month's Fed meeting provided few surprises. No interest rate increase, but it's still on the table for December.

How mortgage rates connect to the Fed funds rate

The Fed adjourns from a 2-day meeting Wednesday. The group doesn't set mortgage rates but it can influence them. How this week's meeting could affect your refinance and purchase mortgage rate.

Fed Admits Inflation Is Low; Mortgage Rates Fall

The Federal Reserve maintained its benchmark rate at its July meeting, but the group reiterated concern about low inflation, helping mortgage rates.

How The Fed Affects HELOC Rates

HELOC rates are often based on the Prime rate, which is directly affected by rates set by the Federal Reserve. Here's how you can save money on a HELOC, even when rates increase.

About The Federal Reserve, The FOMC, & The Fed Funds Rate

The Federal Reserve is the central banker of the USA. How "the Fed" works, what it actually does, and how it affects everyday U.S. mortgage rates.

Fed Hikes Rates, Says Economy Is On Solid Ground

Today's Fed meeting resulted in a rate increase. This won't affect long-term mortgage rates, but will trickle up to increase rates on HELOCs, credit cards, and other loans tied to the Prime Rate.

How The Fed Meeting Will Change Mortgage Rates This Week

The Federal Reserve meeting adjourns Wednesday and, although the Fed doesn't set mortgage rates, its rhetoric and actions can influence them. Analysis and advice.

Federal Reserve Maintains Low Rates. No Hike Until At Least June

The Federal Reserve maintained its benchmark rate at its May meeting. No chance for another rate hike until at least June 2017. Analysis and forecast.

Federal Reserve Hikes Rates, But Mortgage Rates Drop

The Federal Reserve raised the Fed Funds Rate to a range of 0.75-1.0% at its March meeting. Why, then, are mortgage rates dropping?

Fed Meeting : How Mortgage Rates Will Change By Week’s End

The Federal Reserve meeting adjourns Wednesday and, although the Fed doesn't set mortgage rates, its rhetoric and actions can influence them. Analysis and advice.

Mortgage Lenders Are Loosening Credit Standards Rapidly

A Federal Reserve survey shows mortgage lenders making it drastically easier to get mortgage-approved. Been denied for a mortgage in the past? It's time to re-apply.

2018 Conforming, FHA, & VA Loan Limits

Mortgage loan limits for every U.S. county, as published by Fannie Mae & Freddie Mac, the Federal Housing Administration (FHA), and the Department of Veterans Affairs (VA)