Federal Reserve

How the June FED Meeting Might Affect the Mortgage Rates?

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Will mortgage rates begin increasing once more? While borrowers have appreciated interest rate decreases lately, that could invert course after the Federal Reserve’s next Open Market Committee meeting on June 14 and 15. In May, the national bank illustrated itsContinue Reading

How Federal Reserve Affect Mortgage Rate

By: Amanda Byford

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Last updated on February 3rd, 2021 at 11:07 amThough the Federal Reserve does not have the ability to directly set mortgage rates, it does create the monetary policies that indirectly affect these rates. The Fed’s policy rate applies to overnight loans between largeContinue Reading