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Tag Archive | "FOMC,Ben Bernanke,Fed Funds Rate"

A Simple Explanation Of The Federal Reserve Statement (April 27, 2011 Edition)

The Federal Open Market Committee voted the Fed Funds Rate unchanged today at 0.000-0.250 percent. The vote was 10-0 — the third straight unanimous vote.

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Mortgage Rates — And Home Affordability — At The Whim Of The Federal Reserve

If you’re shopping for a mortgage, or floating a rate, consider locking in before the FOMC issues its press release Wednesday at 12:15 PM ET. Once the statement hits, mortgage rates could soar.

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Mortgage Rates