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Tag Archives: Federal Funds Rate

Fed Keeps Rate As-is Amid Economic Optimism

Despite sluggish economic growth in Q1 and the widely held assumption that the Fed would raise rates at least two more times this year, the Federal Open Market Committee opted to keep the federal funds rate as is at its May meeting. Raised in March, the rate currently sits at 1 percent. The Committee cited job gains and lower unemployment as factors in its decision.

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Fed Freezes on Rate Hike

Even though the housing sector has shown further improvement, the Federal Open Market Committee dodged another rate increase this month like many in the industry predicted.

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So the Fed Raised Rates, Now What?

So now that the rates are higher, mortgage industry professionals are now wondering how this change will be impact their business moving forward into the new year. Several executives sat down with MReport to give their thoughts on if the housing market will thrive, stall, or completely shatter in the near future.

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The Pressure’s On: Will the Fed Raise Rates Next Week?

Fed

On Wednesday, December 16, the Federal Open Market Committee (the policy-making arm of the Federal Reserve) will wrap its eighth and final meeting of 2015. Nearly everyone from economists, analysts, and even the policymakers themselves are predicting the FOMC to announce the Fed’s first federal funds rate hike in nine years.

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