Mortgage NewsNovember 1, 2023Fed Skips Rate Hike in November. Is This Good News for Mortgage Rates?The Federal Reserve voted to hold the fed funds rate in November in its fight against inflation. Will interest rates decrease in response?
Mortgage NewsSeptember 20, 2023Fed Skips Rate Hike in September. Is This Good News for Mortgage Rates?The Federal Reserve voted to hold the fed funds rate in September in its fight against inflation. Will interest rates decrease in response?
Mortgage NewsJuly 26, 2023Fed Makes 25-Point Hike in July. Is This Good News for Mortgage Rates?The Federal Reserve hiked the fed funds rate by 25 basis points in July to fight inflation. Will interest rates grow in response?
Mortgage NewsJune 14, 2023Fed Does Not Hike Rates in June. Is This Good News for Mortgage Rates?With inflation falling, the Federal Reserve skipped a fed funds rate hike in June. Will mortgage rates grow in response?
HELOCNovember 4, 2022How the Fed and the prime rate affect HELOC ratesHELOC rates move in tandem with the prime rate and can go up when the Fed meets. Here's what it means for HELOCs when the Fed raises rates.
Federal ReserveSeptember 21, 2022What the Fed’s September rate hike means for mortgage ratesSeptember brought the Federal Reserve's third 75-point rate hike in a row. What does this mean for mortgage rates?
RefinanceApril 19, 2022Still want to refinance? Do it before the Fed raises rates in MayDon't wait to refinance until after the Fed raises rates. You could save serious money by locking your new refinance rate before May 4.
Federal ReserveMarch 25, 2022With six more Fed rate hikes expected, the time to refi is nowThe Federal Reserve provided clarity in raising its fed funds rate to combat inflation and the situation in Ukraine during its March meeting.
Federal ReserveJanuary 26, 2022If you want to refinance, do it before March’s Fed rate hikesWith the Federal Reserve adjusting its monetary policies to combat inflation, interest rates should continue to grow in 2022.
Mortgage RatesSeptember 23, 20212% Mortgage rates could disappear “soon,” per Fed meetingFollowing a Fed meeting on Sept. 22, it looks highly likely that mortgage rates will rise soon — potentially as early as October or November.
Mortgage RatesMay 18, 2021Mortgage rates and inflation: Why are rates going up?What's the relationship between mortgage rates and inflation? Learn why high inflation might cause mortgage rates to go up this year.
Federal ReserveMarch 15, 2021How mortgage rates move when the Federal Reserve meetsThe 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.
Federal ReserveNovember 5, 2020About the Federal Reserve, the FOMC, & the Fed Funds RateThe 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.
Mortgage RatesSeptember 15, 2020New Fed policy could mean years of low mortgage ratesThe Federal Reserve has a new policy to keep inflation and employment on target. And, it could keep mortgage interest rates low for a long time. Here's why.
Federal ReserveJune 17, 2020For once, the Fed DOES affect mortgage rates. Here’s whySince March, the Fed has controlled mortgage rates more than usual. Find out how the Federal Reserve helped push mortgage rates to record lows.
Mortgage NewsMarch 19, 2020Lower interest rates: A worst-case scenario? The reality of quantitative easingTwo Fed rate cuts didn't drag mortgage rates down, but quantitative easing to combat COVID-19 might. Here's why we're NOT hoping for new record-low rates.
Mortgage RatesMarch 18, 2020The race to zero: How mortgage rates got left behindThe Fed cuts rates to zero, but mortgage rates didn't follow. Now it's up to lenders to decide when to lower rates again.
Mortgage RatesMarch 3, 2020Emergency “double” Fed rate cut pushes mortgage rates to record lowsThe Fed just issued an emergency "double' rate cut as coronavirus fears continue. Mortgage rates sink to all-time lows.
Federal ReserveJanuary 9, 2020Borrowers beware: Fed discovers shady small business loan practicesSmall business loans are largely unregulated. That can mean deceptive loan terms and high interest rates. Here's how to safely shop for business loans online.