Investors Decide December’s Back on the Table for Fed

Perhaps the Fed will raise rates again this year after all. Source: Investors Decide December’s Back on the Table for Fed – MoneyBeat – WSJ Here we go again – is a rate increase back on the table?  We have several TVs in our office that are always on the …

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Fed Minutes Lay Bare a Split on U.S. Economic Outlook, Interest-Rate Path

Federal Reserve officials struggled with uncertainty about the outlook for inflation and growth at their January policy meeting —and whether rising risks to the economy might alter their plans to raise short-term interest rates. Source: Fed Minutes Lay Bare a Split on U.S. Economic Outlook, Interest-Rate Path – WSJ Another …

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US Pending Home Sales – 9 Year High

It looks like the housing market continues to grow at a steady pace – after a slow start to the year.  This is good news of course. It will be very interesting to see what interest rates do in the next several months.  As with almost every financial topic, opinions abound …

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Mortgage Rates – Forecast for July

I frequently read Dan Green’s comments regarding the US mortgage market.  I find his comments interesting and informative.  HIs blog this week has some thoughts on mortgage rates for July. If you are in the market for new home purchase or refinance – give it a read. Understanding the market is …

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Understanding Mortgages – The Fed, FOMC, and the Fed Funds Rate

Let’s face it, mortgages, interest rates, Fannie Mae, Freddie Mac, FHA, mortgage insurance are all confusing and add to a lot of stress when purchasing a home.  Really, what is the difference between a conforming and jumbo loan? Fortunately, there are a lot of good resources on the web that …

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