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Fed minutes hint at rate hike

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  • Andrea | | 19 Aug 2015, 01:33 PM Agree 0
    there lies the problem, the minutes are from a meeting 2 weeks ago, things have changed, if anybody watches the news, so who cares what the Fed said 2 weeks ago!
  • Aslam | | 19 Aug 2015, 01:48 PM Agree 0
    Do see rate hike for another couple of year, china economy
  • Aslam | | 19 Aug 2015, 01:49 PM Agree 0
    Sorry Typo Error
    Don't See Rate hike for couple of year :)
  • Brian B | | 19 Aug 2015, 01:53 PM Agree 0
    MPA, you need to time your articles a little better. Mortgage Interest rates just dropped 3 times today and the day is still not over.
  • Rico | | 19 Aug 2015, 01:56 PM Agree 0
    Actually three weeks ago and 3 rounds of editing, deleting and revisions before all members can all agree on what they want released to the public. It's next month now, but the medium likely projected target for the expected terms and conditions goes on and on.
  • Anonymous | | 19 Aug 2015, 01:59 PM Agree 0
    The Fed minutes are referring to a hike in the federal funds rate, which has nothing to do with mortgage rates, which are based on MBS yields. Regardless, this would be a very dumb and shortsighted move. The economy is in a fragile state and raising the federal funds rate would be destructive and damaging. Makes no sense at all.
  • MarketWatcher | | 19 Aug 2015, 05:42 PM Agree 0
    Well I'm not so sure the hike in the fed funds rate has "nothing to do with mortgage rates." You are right it is directly tied to the prime rate/short term rates, like credit cards, HELOCs, etc. However, depending upon how markets react to the actual hike or the announcement of a coming hike, it could have an overall trickling down effect on mortgage rates at some point.

  • Viva la Revolucion | | 20 Aug 2015, 11:19 AM Agree 0
    Can you say painted into a corner?
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