Mortgage Rates Update

Freddie Mac’s Weekly Survey was released this morning with it’s most recent assessment of the mortgage rate landscape. See the details of their survey below. For the most current bond rates see our Daily Interest Rate Updates.


Note: Chart above is dynamic and reflects current survey, updated weekly.

For TODAYS’s Mortgage Rates, see below or find more home lenders at http://moneycafe.com/personal-finance/mortgage-rates/.

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Mortgage Rates Update

Freddie Mac’s Weekly Survey was released this morning with it’s most recent assessment of the mortgage rate landscape. See the details of their survey below. For the most current bond rates see our Daily Interest Rate Updates.


Note: Chart above is dynamic and reflects current survey, updated weekly.

For TODAYS’s Mortgage Rates, see below or find more home lenders at http://moneycafe.com/personal-finance/mortgage-rates/.

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FOMC Raises Fed Funds Rate

The Federal Reserve raised the Fed Funds Rate at the conclusion of their FOMC meeting today. The rate is now in a target range of 0.75% to 1.00%, moving up basically 0.25%.

Banks will raise their Prime Rates correspondingly.


Release Date: March 15, 2017

Information received since the Federal Open Market Committee met in February indicates that the labor market has continued to strengthen and that economic activity has continued to expand at a moderate pace. Job gains remained solid and the unemployment rate was little changed in recent months. Household spending has continued to rise moderately while business fixed investment appears to have firmed somewhat. Inflation has increased in recent quarters, moving close to the Committee’s 2 percent longer-run objective; excluding energy and food prices, inflation was little changed and continued to run somewhat below 2 percent. Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed, on balance.

Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee expects that, with gradual adjustments in the stance of monetary policy, economic activity will expand at a moderate pace, labor market conditions will strengthen somewhat further, and inflation will stabilize around 2 percent over the medium term. Near-term risks to the economic outlook appear roughly balanced. The Committee continues to closely monitor inflation indicators and global economic and financial developments.

In view of realized and expected labor market conditions and inflation, the Committee decided to raise the target range for the federal funds rate to 3/4 to 1 percent. The stance of monetary policy remains accommodative, thereby supporting some further strengthening in labor market conditions and a sustained return to 2 percent inflation.

In […]

Mortgage Rates Update

Freddie Mac’s Weekly Survey was released this morning with it’s most recent assessment of the mortgage rate landscape. See the details of their survey below. For the most current bond rates see our Daily Interest Rate Updates.


Note: Chart above is dynamic and reflects current survey, updated weekly.

For TODAYS’s Mortgage Rates, see below or find more home lenders at http://moneycafe.com/personal-finance/mortgage-rates/.

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