Mortgage Outlook for the Week of March 12, 2012
Last week saw mortgage rates waiver, with most movement being sideways, which was a bit of a surprise. Many market watchers expected positive positive employment data and a resolution to the Greek Debt...
View ArticleFOMC Meeting Update
The FOMC (Federal Open Market Committee) or FED concluded its one day meeting on Tuesday where it chose to leave the overnight funds rate (the rate at which banks lend money to each other) at a range...
View ArticleFED Update: FOMC / FED Minutes Explained
Yesterday the Federal Open Market Committee, otherwise known as the FOMC or FED released its minutes for the March 13, 2012 FOMC meeting. These minutes outline the meeting and are typically released 3...
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