Home / Tag Archives: Mortgage Rates (page 28)

Tag Archives: Mortgage Rates

FOMC Convenes: What Could Happen to Mortgage Rates

On Wednesday the Federal Open Market Committee is set to finish its June meeting, and it is widely expected that they will raise interest rates in order to stabilize the economy, despite inflation holding at around 2 percent. In May, when they last met, members of the board chose to keep interest rates at their current level. What might an increase mean for mortgage interest rates? One expert believes it might not impact the mortgage market at all.

Read More »

Down, Down, Down for Mortgage Rates

Many analysts were predicting that mortgage interest rates would rise up into the 4.5 percent to 5 percent range by the end of 2017. But since the start of the year, they are headed in the other direction.

Read More »