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Tag Archives: Rate Hike

GDP Adds Fuel to the Fed’s Fire

The Bureau of Economic Analysis reported an upward revision to the first quarter gross domestic product, which some industry experts believe will not only signal better growth in the second quarter, but also motivate the Fed to raise rates.

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Fed Chair Yellen: Economic Risks May Deter Rate Hike Plans

In her testimony before the House Financial Services Committee on Wednesday when discussing monetary policy, Yellen pointed out factors that have weighed on aggregate demand, such as limited access to credit for some borrowers, weak growth abroad, and the dollar’s significant appreciation.

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Rate Hikes Low on the List of Worries for Most Americans

Concern over what will happen now that the Fed has raised the interest rate for the first time in a decade‒‒and with further increases on the way‒‒is surprisingly minimal. Read on to see which group of Americans are not particularity worried about future rate hikes.

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Why are Mortgage Rates Still Falling Post-Rate Hike?

In December, during their final meeting of the year, the Federal Open Market Committee decided to raise the federal funds rate. Since then, the mortgage industry has been anticipating the effect this will have on the housing market, but so far, that effect has been little to none.

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Fed Minutes: Rate Hike a Close Call

Fed

The Federal Reserve's daring move to increase the federal funds rate just before the end of 2015 was no surprise to most, but what the mortgage industry did not know was that this initial move would only the beginning of a series of events..

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