US Real Estate

Federal Reserve says no to rate increases

By Mike Wheatley | February 1, 2019
This week the Federal Reserve once again voted to leave interest rates unchanged, indicating that its in no hurry to do so at all in the year ahead. Jerome Powell, chairman of the Fed, said the organization was taking a “patient” approach to rate increases, following four hikes in the interest rate last year. The […]
Mortgage, US Real Estate

Feds likely to pause interest rate hikes, for now

By Mike Wheatley | January 17, 2019
After raising interest rates several times in 2018, the Federal Reserve seems likely to hold off on any further increases. During the Fed’s latest meeting this month, board members agreed not to raise the benchmark interest rate now or at its next meeting in March. Still, Federal Reserve officials did say they can expect to […]
US Real Estate

Federal Reserve opts not to raise interest rates in November meeting

By Mike Wheatley | November 13, 2018
The Federal Reserve says it won’t be raising interest rates following its November meeting. The meeting of the Federal Open Market Committee took place last week, before the announcement Thursday that it will not raise the federal funds rate. The committee said it has decided to maintain its target range of between 2 and 2.25 […]
Mortgage, US Real Estate

Higher mortgage rates likely following Fed's move to increase interest rates

By Mike Wheatley | March 26, 2018
An increase in mortgage rates is likely to follow after the Federal Reserve voted to hike its short-term interest rates. While the Fed’s rates aren’t directly tied to mortgage rates, they do nevertheless tend to follow a similar pattern.
Featured News, Mortgage, US Real Estate

U.S. housing finance system is "unsustainable", says Fed's Powell

By Mike Wheatley | July 7, 2017
Federal Reserve Governor Jerome Powell has said the U.S. housing finance system is putting taxpayers at risk, calling the situation "unsustainable" and demanding more reforms.
Mortgage, US Real Estate

Fed Rate Hike – It’s Your Debt Burden, Not Only Your Mortgage Rate

By Brian Kline | June 27, 2017
The Federal Reserve’s June rate hike was well forecast and shouldn’t surprise anyone. The new range is 1 percent to 1.25 percent compared to the previous 0.91 percent.
Mortgage, US Real Estate

Yellen’s potential successors deem a stringent monetary policy as the need of the day

By Chris Porter | January 24, 2017
The Federal Reserve Chair Janet Yellen term is going to end in 2018. Janet L. Yellen took office as Chair of the Board of Governors of the Federal Reserve System on February 3, 2014, for a four-year term ending February 3, 2018.
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