Back to Reality, Fed Finally Pulls Trigger After holding the federal funds rate near zero for seven years, the Fed announced on Wednesday a widely expected rate hike of 25 basis points.
[Mortgage Minute] Week of Dec. 14, 2015
Mortgage Rates Slip on Cheap Oil Mortgage rates are affected by many different market forces. Often it is economic data and its impact on the outlook for inflation.
[Mortgage Minute] Week of Dec. 7, 2015
Looming Fed Decision and Weak ECB Stimulus Push Rates Up The European Central Bank (ECB) announced additional stimulus measures, but the package was smaller than investors had expected.
[Mortgage Minute] Week of Nov. 30, 2015
Friday’s Job Report Could Seal December Rate Hike After a quiet Thanksgiving week with minimal rate movement, things will heat up with much anticipated jobs report Friday.