What’s Ahead For Mortgage Rates This Week – June 18th, 2018. Last week’s economic reports included the post-meeting statement by the Fed’s Federal Open Market Committee along with readings on retail sales and inflation.
In November, mortgage rates appeared ready to soar across the 5. The five- year adjustable rate average dropped to 3.52 percent with an. Friday's unexpected announcement that the Trump administration. mortgage rates will consolidate ahead of the Fed meeting on June 19th, You might also like.
How you can benefit from an unexpected shift in interest rates. of how we needed to expect one or two more rate hikes ahead in 2019.. The expectation is that the Federal Reserve will cut interest rates at the next two-day meeting July 30. The average interest rate for a new-vehicle loan dropped for the.
What’s Ahead For Mortgage Rates This Week : December 10, 2012. and didn’t expect to see the national Unemployment Rate drop to 7.7%. This week, mortgage rates may rise again with new inflation data and a retail sales report set for release.. but the Fed’s words can carry as much.
BY: MATTHEW GRAHAM Mortgage Rates have generally been moving sideways for the past 2 weeks. This has accomplished a twofold goal of coming to terms with the strong gains seen in May as well as preparing for tomorrow’s hotly-anticipated announcement from the Fed.
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Mortgage Rates Drop on Fed News. In a move that took many financial experts by surprise, the Federal Reserve today decided to maintain its pace of Treasury and mortgage bond purchases for at least another month and a half. early indications are that mortgage rates dropped sharply in response, with the average on 30-year fixed-rate mortgages down.
Floating provides a leeway should mortgage rates drop further while locking rates prevents volatility in mortgage rates should they go higher in response to the above financial events. Take a look at today’s mortgage rates (May 1 vs April 28): 30-year fixed-rate mortgage: 4.03%, up from 3.97%. 15-year fixed-rate mortgages: 3.27%, up from 3.23%.
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FOMC Update 9.20.17 from Total Mortgage on Vimeo.. Where are mortgage rates going? Rates in holding pattern ahead of Fed announcement. The Federal Reserve’s Federal Open Market Committee (FOMC) wraps up their sixth meeting of the year today with a written statement at 2:00pm followed by a Janet yellen press conference at 2:30pm.