The Federal Open Market Committee released its November 2011 meeting minutes, revealing a Fed split on whether new stimulus is needed for the U.S. economy.
The Federal Open Market Committee released its November 2011 meeting minutes, revealing a Fed split on whether new stimulus is needed for the U.S. economy.
Mortgage bonds suffered through another tough week last week as rising optimism that Eurozone leaders will “rescue” Greece plus stronger-than-expected economic data in the U.S. led bonds lower for the second straight week.
Florida mortgage rates are still low. If jobs data continues to weaken between now and then, expect the stimulus chatter to continue. Stay tuned!
If you’re shopping for an Orlando mortgage, you might want to consider locking in now. The run of low Orlando mortgage rates might be coming to an end…
Mortgage markets worsened last week as energy costs remained high, and jobs data looked strong. The safe haven buying that characterized the March mortgage market has subsided.
Bond markets have not taken kindly to the Fed Minutes. The minutes show a propensity toward Fed “action”, most of which markets believe to be inflationary. Inflation leads to higher mortgage rates and that’s exactly what we’ve seen.
After starting the day in the red, Florida mortgage rates rebounded Wednesday afternoon after the Federal Reserve released its April 27-28, 2010 meeting minutes.
The Lakeland mortgage market improved yesterday after the Federal Reserve released its March 16, 2010 meeting minutes.
Both Florida mortgage rates and home prices took a turn for the better Wednesday as a result of the Federal Reserve’s December 15-16, 2009 meeting minutes.