Tag Archive | "Fed"
Market Update 8/5/2008 Interest Rate Increases Are Back-part 2
Good Afternoon, The Fed’s statement is out and the Federal Funds Rate remained at 2.0% as expected, but what is the Fed’s underlying communication about the future and how will all this affect mortgage interest rates? Initially, and we are already seeing it happen, rates will most likely increase. Here is what’s going on: The Fed’s [...]
Continue reading...Market Update 8/5/2008 - Interest Rate Increases Are Back-Part 1
Tuesday, August 5, 2008
Market Update 8/5/2008 – Interest Rate Increases Are Back As we are waiting for Fed’s announcement at 2:15pm there is some very relevant news that is important to mention that has stimulated a slight increase in mortgage interest rates today. I am expecting them to worsen as the day continues unless the Fed’s statement hints [...]
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Tuesday, August 5, 2008
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