The August jobs report from the BLS fell short of expectations, leaving analysts to wonder whether or not the widely-forecasted September rate hike by the Fed will still happen.
Read More »Mortgage Rates Bump Up In Anticipation of Fed Action
Mortgage interest rates, which have been hovering near record lows for the last two to three months, bumped up this week due to the increased possibility of a Fed rate hike.
Read More »Yellen Speech Fuels September Rate Hike Speculation
Speculation is widespread in the industry that the Fed will raise short-term interest rates in September, and Fed Chair Janet Yellen's speech in Wyoming on Friday fanned those flames of speculation.
Read More »Mortgage Rates Still Near Record Low, and Going Nowhere
Markets are erring on the side of caution in anticipation of the second Q2 GDP estimate, to be released Friday, and a speech by Fed Chair Janet Yellen on Friday in Wyoming.
Read More »Fed: September Rate Hike is Looking More Likely
Bad economic news at the start of the summer caused many analysts to predict that the Federal Reserve would not raise the federal funds target rate until December. Lately, however, forecasts are changing.
Read More »Fed’s Monetary Policy Song Remains the Same
While one economist noted that the tone of the FOMC's announcement was largely positive, the Committee also said they expect inflation to stay well below the target of 2 percent for the foreseeable future.
Read More »Agencies Propose Changes for Determining TILA Exemption
Three government agencies have jointly issued a proposal detailing the methodology that will be used to determine the thresholds at which certain small loans will be exempt from TILA.
Read More »Fed Rate Hike is Unlikely Until After Election
Economists generally believe that the Fed will not raise rates until after November's presidential election, if they do at all this year, according to a survey.
Read More »Fed: ‘Modest’ Economic Growth Not Slowing Housing
While economic growth may have been modest across Fed districts, the central bank reported that residential real estate activity is strengthening.
Read More »KBRA Cautions Investors About Stress Test Results
While the tests may have shown that the largest bank holding companies are capitalized enough to withstand the Fed’s hypothetical severely adverse economic scenarios, KBRA believes investors should beware.
Read More »