Items Tagged with 'FOMC'

ARTICLES

The GDP loses momentum

Especially in the fourth quarter
The GDP, the value of everything a nation produces, showed a significant markdown this fourth quarter compared to the 3.9% increase last spring, according to Market Watch. The economy expanded at a 2.4% clip last year, the same as in 2014, the Commerce Department said. The U.S. hasn’t topped 3% growth since 2005.
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FOMC: When interest rates rise again, it will be gradual

Reaffirms moving federal funds rate of 0.25% to 0.50%
In the first Federal Open Market Committee meeting since the Federal Reserve decided to raise interest rates, the committee decided to keep the federal funds rate at a range of 0.25% to 0.50%. For now, the committee expects that economic conditions will evolve in a manner that will warrant only gradual increases in the federal funds rate.
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Freddie Mac: Despite Fed rate hike, interest rates will stay at "historic" lows in 2016

Mortgage rates tick up for second week in a row
The Federal Reserve ended its nearly decade-long period of zero interest rate policy. Yet, the move still sent shockwaves through the financial markets. At any rate, according to Freddie Mac’s chief economist interest rates should remain at “historically low levels” throughout 2016.
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Fannie Mae: Expect 3 more Fed rate hikes in 2016

Not forecasting a return to zero intrest rates anytime soon
December 16, 2015 will forever be known as the day that the Federal Open Market Committee increased the federal funds rate for the first time since June 2006, but one housing industry insider expects that this rate hike won’t be the last one — far from it, in fact.
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What will the looming Fed rate hike do to housing?

Impact expected to be felt by first-time homebuyers
It’s now less than a week until the next meeting of the Federal Open Market Committee, during which many analysts expect that the FOMC members will vote to raise the federal funds rate for the first time since June 2006. So what would be the impact of a Fed rate hike on housing?
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