The June Meeting of the Federal Open Market Committee (FOMC) concluded without any surprises or much new news. For the 45th consecutive meeting, the committee voted to leave the Fed Funds Rate at near zero percent. Read More
Once a month, on first Friday’s, all eyes and ears of Wall Street, Washington, mortgage professionals across the nation, and even some on Main Street are tuned in briefly to one big thing: the health of the job market in America. Read More
There is a common misconception about mortgage interest rates and how rates are determined. It’s common for many people to mistakenly think The Federal Reserve sets mortgage interest rates. Read More
