The Fed announced its decision moments ago
Observers have seemed nearly certain that the Fed will hike rates later this month – but at least one Fed official is counseling patience
Bond traders were worried that personal consumption expenditures (PCE) would creep up, signaling that inflation was trending toward the Fed’s 2% goal and that the agency would raise interest rates earlier than planned. But that’s not what happened
The Dow plunged more than 317 points yesterday, but it shouldn’t have an effect on the mortgage market. However, that doesn’t mean rates won’t go up in the near future
Mortgage rates increased and jobless claims rose to 302,000 this week. Meanwhile, stocks are reacting to changing sentiment about when the Fed will increase rates. All this and more in today's rate snapshot
Consumer spending was up 2.5% from Q1, while MBS prices weakened today. This and more in today's rate snapshot
Consumer confidence jumped to its highest level in years, and the Fed will announce another reduction in its bond buys. All this and more in today's rate snapshot
MBS prices were up five basis points this morning, and while the Russia-Ukraine situation is still on the radar, traders and investors aren't as fearful as they were last week. All this and more in today's rate snapshot