Tag Archive: federal open market committee

Florida Mortgage News Update: A Simple Explanation Of The Federal Reserve Statement (August 12, 2009 Edition)

TweetFlorida mortgage trends are always changing, and it’s my goal to keep you all up to speed on things that I feel might have significant impact on your home loan situation.  Here’s the latest from Uncle Ben and the Federal Open Market Committee.  I just wanted to be sure you got this news right away….

What the Federal Reserve Did: In Plain English (March 18, 2009)

TweetFlorida mortgage rates should remain low, as the Federal Open Market Committee (FOMC) voted to leave the Fed Funds Rate right where it’s been, within the target range of 0.000-0.250 percent. That said, the Fed was far from inactive today. On plan to resurrect the economy using “all available tools,” today, Uncle Ben and company…

In Plain English: January 28, 2009′s Fed Statement Explained

January 28, 2009: The Fed elected to keep interest rates at between 0.000-0.250 percent. What does this mean for mortgage rates?

Fed Makes History by Cutting Rate by 3/4 Percent – Markets Rally

TweetFed Cuts Interest Rate to Between 0.00 to 0.250 Percent Well, it’s official.   As of today, the benchmark Federal Reserve interest rate now sits at between 0.000 and 0.250%. In its press release, the Federal Open Market Committee (FOMC) defined 3 economic areas marked by significant decline since October: The deterioration of the U.S….