It was almost a certainty that this would happen based on economic data released over the past few months – now to see if more hikes are on the horizon. These rates do not directly impact home loans – the last time a Fed rate hike happened, rates on home loans actually went down. But …
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It seems for the time being that the lending environment will stay status quo. Fed Statement Little Changed – From the FSB Mortgage News Source September 19, 2014 Investors were focused almost exclusively on the Fed meeting this week. Shifting expectations about future Fed policy guidance caused a good deal of volatility during the week. …
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A few little news blurbs about fed policy, national economic policy and homebuilder sentiment. Pointing to where things might go here as we enter 2014. Yellen Supports Stimulus Efforts Likely – Incoming Fed Chief Says Economy Still Needs Boost In mid-November, Janet Yellen, President Obama’s choice to replace Federal Reserve Chief Ben Bernanke, indicated that …
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Fed Zeroes In on Vulnerability to Rate Rise By Victoria McGrane | The Wall Street Journal – 13 hours ago The Federal Reserve is scrutinizing the nation’s biggest banks to ensure they can handle an eventual rise in interest rates, as concern grows among regulators about the risks posed by a long low-interest-rate environment. On Thursday, a …
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