Tag Archives: Federal Open Market Committee (FOMC)

Another Federal Open Market Committee Meeting, another rate hike. At the conclusion of the FOMC’s November Meeting, the Committee raised rates by 75 basis points, the fourth consecutive such hike and the sixth of 2022.

For the third time in a row, the Federal Reserve’s Federal Open Market Committee (FOMC) raised the nominal interest rate by 75-basis points at the conclusion of their scheduled two-day meeting to a rate of 3.00-3.25%. This marks the highest ...

CoreLogic reports second quarter fraud risk is down from the previous quarter, and Q2 2021; however, an analysis of monthly data shows this trend is reversing, and fraud risk is anticipated to increase in the coming months.

On March 14-15, 2020, the Federal Reserve’s Federal Open Market Committee (FOMC) held an emergency meeting in light of the then-blossoming pandemic to cut rates by a 100 basis points to a rate of 0-0.25%.  But now, in light of ...

CoreLogic S&P Case-Shiller Index reports higher mortgage rates and recessionary concerns are taking a toll on buyer demand, as growth eased slightly in May from the pace of the prior two months.

Three-quarters of a point. This is the amount the Federal Reserve chose to raise the nominal interest rate by citing the need to combat the highest rate of inflation since the 80s.  To put that another way, this is the ...

Homebuying reached new highs in March, as buyers clamored to lock in rates and close deals prior to a spike in mortgage rates amid inflationary concerns.

By an 80-19 vote, Jerome Powell has been confirmed as Chairman of the Federal Reserve Board by the U.S. Senate.

Marking the largest increase in nearly 22 years, the Federal Open Market Committee raised interest rates by 50 basis points to a range of 0.75-1.00% amidst record-high inflation. The Fed will also allow $60 billion in Treasuries and $35 billion in MBS to roll off their balance sheet each month.

The Federal Reserve raised the nominal interest rate on Wednesday, for the first time since 2018, citing factors such as surging inflation and the growing military conflict in Ukraine.