Items Tagged with 'rate hike'

ARTICLES

  • FOMC minutes reveal Fed’s positive economic outlook

    Increasingly optimistic about achieving inflation target
    The Federal Open Markets Committee released its minutes Wednesday from its January meeting, showing members of the Federal Reserve are becoming increasingly more confident in their economic outlook. The minutes also revealed the Fed became more optimistic about hitting its inflation target.
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  • This is what falling stock prices mean for mortgage lending

    Spoiler alert: pretty much nothing, unless…
    The Dow Jones Industrial Average began decreasing Friday, then plummeted on Monday, experiencing its biggest point loss in its history. But what does all of this mean for the mortgage lending market? As it turns out, it is not expected to make a significant impact, unless…
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  • Expect first Federal interest rate rise to come in March

    Market places 77% chance of 25 basis point hike
    Wednesday afternoon, the Federal Reserve announced its decision not to raise the federal funds rate in January. After the Fed Funds futures pushed up their probability estimate for raising the federal funds rate in March, the market is now placing a 77% chance of a 25 basis point hike.
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  • Freddie Mac: Interest rates drop at start of 2018

    Less upward pressure could keep rates low for now
    Mortgage rates decreased at the start of the year as they felt less upward pressure from the market. Freddie Mac explained that with the FOMC minutes showing continued support for gradual increases in policy rates from many participants and inflation rates remaining low, there isn’t much upward pressure on long-term rates at the moment.
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  • Tax reform could cause Fed to speed up rate hikes

    Fed minutes show most on board with raising federal funds rate
    Minutes released Wednesday by the Federal Reserve showed that the Federal Open Markets Committee could move at a quicker pace due to tax reform. While the Fed forecasts a median growth of 2.5% in 2018, the minutes showed most members will raise their expectations due to tax reform.
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  • Fannie Mae: We expect 2017 to go out with a bang

    GDP to come in at 2.5% for the year
    This year is almost over, and it will end on a cheerful note, or so says the December 2017 Economic and Housing Outlook from Fannie Mae. The mortgage giant explained that while its current predictions say 2018’s GDP to decelerate to 2.1%, tax reform could change everything.
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  • Experts: The Fed will revise its estimate to four rate hikes in 2018

    Already increased economic growth projections
    At the end of its December meeting Wednesday, the Federal Reserve announced 2017’s third and final rate hike as well as its forecast for 2018. The Fed did increased its economic growth predictions for next year, leading experts to say the Fed will later revise its rate hike forecast from three times in 2018 to four.
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  • Fed raises rates with expectation economy will improve next year

    Target federal funds rate increased to 1.25% to 1.5%
    To the shock of no one, the Federal Reserve announced its final rate hike of 2017 at the end of its December Federal Open Markets Committee meeting. In the Committee's statements about its general economic outlook, it implied that more rate hikes will follow in 2018 and beyond.
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