Tag Archives: Federal Open Market Committee

Michael Gifford of Splitero examines homeowners who are “locked” into their homes due to the interplay of rising interest rates, rising home prices, and a lack of inventory.

After a slight downtick last week, fixed-rate mortgages began an upward climb once again, with inflation reaching levels last seen in 2008.

The Federal Reserve released the minutes for the Fed’s December 2017 Federal Open Market Committee meeting on Wednesday afternoon, providing insights into the recent decision to increase interest rates, as well as ...

Even if mortgage rates increase in the next year, first-time home buyers still have reason for optimism in 2018.

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.

According to the Federal Open Market Committee, participants expect the economy to continue to expand at a moderate pace and for the labor market to strengthen further, but uncertainty lingers among FOMC members as to the new administration's fiscal policy.

The Federal Open Market Committee voted not to raise the federal funds target rate for the seventh time since last December's historic rate hike. Is there another rate hike on the horizon for this December?

The 10 voting members of the Fed’s policymaking arm are sharply divided on whether or not the economy is ready for a short-term rate increase.

The Federal Open Market Committee (FOMC) once again stood still on raising the federal funds rate this month due to disappointing economic indicators, leaving the looming question of when the Fed will make its move.

Two mortgage interest rate indicators released today showed that rates moved upward for the month and over the last week, keeping alive the possibility that the Fed may finally make its move this summer.