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Fed Lowers Key Interest Rate For First Time Since Great Recession

August 6, 2019 by Robby Oakes

The Federal Open Market Committee of the Federal Reserve announced the first rate cut to its key interest rate range since the Great Recession ushered in a series of rate cuts described as “quantitative easing.” The Fed committee confirmed a quarter-point cut to 2.00 to 2.25 percent.

Filed Under: Federal Reserve Tagged With: Fed, FOMC, Interest Rates

What’s Ahead For Mortgage Rates This Week – April 30th, 2018

April 30, 2018 by Robby Oakes

Last week’s economic reports included readings from Case-Shiller Home Price Indices, new and existing home sales and weekly readings on mortgage rates and first-time jobless claims.

Filed Under: Financial Reports Tagged With: Fed, Interest Rates, Mortgage Rates

What’s Ahead For Mortgage Rates This Week – April 16th, 2018

April 16, 2018 by Robby Oakes

Last week’s economic reports included readings on inflation, the minutes of the most recent meeting of the Fed’s Federal Open Market Committee and weekly reports on mortgage rates and first-time jobless claims.

Filed Under: Financial Reports Tagged With: Fed, Financial News, Mortgage Rates

What’s Ahead For Mortgage Rates This Week – April 9th, 2018

April 9, 2018 by Robby Oakes

Last week’s economic reports included readings on construction spending, mortgage rates and weekly jobless claims. Other labor-related claims included ADP payrolls, Non-Farm Payrolls and the national unemployment rate.

Filed Under: Financial Reports Tagged With: Fed, Financial Reports, Rates

What’s Ahead For Mortgage Rates This Week – April 2nd, 2018

April 2, 2018 by Robby Oakes

Last week’s economic releases included readings from Case-Shiller, pending home sales, and consumer sentiment. Weekly reports on mortgage rates and first-time jobless claims were also released.

Filed Under: Financial Reports Tagged With: Fed, Financial News, Mortgage Rates

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Robby Oakes


Robby Oakes

CIMG Managing  Director
NMLS# 91606

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