Mortgage rates fell after Federal Reserve policymakers decided not to raise the Fed’s target federal funds rate. The Federal Open Market Committee cited ongoing concerns over global financial and economic developments and slow jobs growth as factors in its decision not to raise rates. Fed Chair Janet Yellen emphasized the committee’s decision-making process is not predetermined and said that ongoing review of current and developing news is significant to monetary policy decisions.
Fed Monetary Policy: No Rate Increase in June
June 16, 2016 by
According to its post-meeting statement issued Wednesday, the Federal Open Market Committee of the Federal Reserve voted not to increase its target federal funds rate. The target federal funds rate will remain at 0.250 to 0.50 percent.
What’s Ahead For Mortgage Rates This Week – May 31, 2016
May 31, 2016 by
Last week’s economic reports included new home sales, pending home sales along with weekly mortgage rates and new jobless claims.
What’s Ahead For Mortgage Rates This Week – May 23, 2016
May 23, 2016 by
Last week’s economic news included the NAHB Housing Market Index, reports on housing starts, building reports and existing home sales. Minutes of the Federal Reserve’s last FOMC meeting were also released.
What’s Ahead For Mortgage Rates This Week – May 16, 2016
May 16, 2016 by
Last week’s economic news included reports on retail sales and consumer sentiment along with weekly releases on new jobless claims and mortgage rates.
What’s Ahead For Mortgage Rates This Week – May 9, 2016
May 9, 2016 by
Mortgage rates fell across the board last week according to Freddie Mac’s Primary Mortgage Market Survey. Other economic news included reports on construction spending, public and private sector employment and national unemployment.
What’s Ahead For Mortgage Rates This Week – May 2, 2016
May 2, 2016 by
Last week’s economic news included Case-Shiller Home Price Indices, along with new and pending home sales readings. The Federal Open Market Committee of the Federal Reserve met analyst’s expectations and did not raise the target federal funds rate, which remains at 0.25 to 0.50 percent. Freddie Mac’s mortgage rates survey and the Labor Department’s weekly jobless claims report were also released.
What’s Ahead For Mortgage Rates This Week – April 25, 2016
April 25, 2016 by
Last week’s economic releases included Existing Home Sales, Commerce Department Releases on Housing Starts and Building Permits and the National Association of Home Builders/Wells Fargo Housing Market Index. Mortgage rates and new jobless claims were released according to their weekly schedule.
Current Mortgage Rates
July 9, 2015 by
Mortgage rates 30-year fixed 15-year fixed 5/1 ARM 30-year jumbo 7/8/2015 4.14 3.28 3.16 4.07 7/1/2015 4.19 3.34 3.25 4.18 6/24/2015 4.16 3.35 3.23 4.21 6/17/2015 4.13 3.35 3.22 4.14 6/10/2015 4.15 3.39 3.24 4.17 6/3/2015 4.03 3.26 3.18 4.06 5/27/2015 4.0 3.22 3.17 4.07 5/20/2015 4.03 3.23 3.19 4.13 5/13/2015 4.01 3.22 3.17 4.09 […]
What’s Ahead For Mortgage Rates This Week – June 2, 2014
June 2, 2014 by
Last week’s economic news was fairly quiet due to the Memorial Day holiday on Monday and no scheduled news released on Wednesday.
