by guestadmin | May 28, 2014 | Mortgage Rates
April’s meeting of the Fed’s Federal Open Market Committee was held along with the Board of Governors of the Federal Reserve System. Meeting minutes released Wednesday indicated the committee’s interest in “normalizing” its monetary...
by guestadmin | May 27, 2014 | Mortgage Rates
Last week’s economic news was dominated by speeches given by Federal Reserve presidents, the minutes from April’s FOMC meeting and commencement address given by Fed Chair Janet Yellen. The latest readings for new and existing home sales were also released....
by guestadmin | May 19, 2014 | Mortgage Rates
Last week’s economic news was relatively flat, but highlights include the NAHB Housing Market Index for May, which posted its lowest reading since May 2013. Although analysts expected a May reading of 48, the May 2014 index reading was 45 as compared to...