According to its post-meeting statement issued Wednesday, the Federal Open Market Committee of the Federal Reserve voted not to increase its target federal funds rate. The target federal funds rate will remain at 0.250 to 0.50 percent.
What’s Ahead For Mortgage Rates This Week – May 31, 2016
Last week’s economic reports included new home sales, pending home sales along with weekly mortgage rates and new jobless claims.
What’s Ahead For Mortgage Rates This Week – May 23, 2016
Last week’s economic news included the NAHB Housing Market Index, reports on housing starts, building reports and existing home sales. Minutes of the Federal Reserve’s last FOMC meeting were also released.
What’s Ahead For Mortgage Rates This Week – May 16, 2016
Last week’s economic news included reports on retail sales and consumer sentiment along with weekly releases on new jobless claims and mortgage rates.
What’s Ahead For Mortgage Rates This Week – May 9, 2016
Mortgage rates fell across the board last week according to Freddie Mac’s Primary Mortgage Market Survey. Other economic news included reports on construction spending, public and private sector employment and national unemployment.
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