Tag Archive | FOMC
Mortgage markets worsened last week, taking mortgage rates higher. The Federal Open Market Committee meets this week.
The minutes from the Federal Reserve’s September Federal Open Market Committee meeting were released Thursday.
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Thursday, while adding new market stimulus.
The FOMC adjourns from a 2-day meeting today. Mortgage rates are expected to change — perhaps by a lot.
Mortgage rates rose slightly in last week’s holiday-shortened week.
Eariler this week, the Federal Reserve released the minutes from its 2-day meeting which ended August 1, 2012. Since the release, mortgage rates have dropped.
Breaking down the FOMC’s August 1 statement.