Tag Archives: federal reserve

Mortgage rates retreat from 3% threshold

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Mortgage rates retreated this week, even as support builds at the Federal Reserve to begin discussions on when to taper bond purchases that have kept a lid on long-term interest rates. Continue reading →

Inflation concerns not reflected in latest mortgage rate survey

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A weekly mortgage rate survey from Freddie Mac shows rates continuing to slide, but the snapshot of average rates over a seven-day period doesn’t fully reflect new data that’s pushed rates up this week on renewed worries about inflation. Continue reading →

Fed expects stronger economic recovery to come

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During the most recent Federal Open Markets Committee meeting, the Federal Reserve reiterated its plan to maintain current economic policy until fiscal and economic goals are met. Continue reading →

Fed cuts interest rate to nearly zero. What does it mean for real estate?

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Realtor.com Chief Economist Danielle Hale believes mortgage rates could go lower this week, but rates and affordability aren’t the only thing impacting the housing market. Continue reading →