Article from CNBC: At long last, a rate hike for the history books. After seven years of the most accommodative monetary policy in U.S. history, the Fed on Wednesday, as widely expected, approved a quarter-point increase in its target funds…
DATE: Wednesday, November 18th, 2015 TIME: 3:00 PM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: MILD IMPROVEMENT/STAGNANT (since last Wednesday) SUGGESTION: LOCK - Market will continue to be volatile, keep close watch (see below for more commentary) VMG'S FIXED RATE PRICING…
From Mortgage Professional America: Brokers – and the industry – will have to wait a little long for the expected rate hike. “To support continued progress toward maximum employment and price stability, the Committee today reaffirmed its view that the…
DATE: Wednesday, September 30th, 2015 TIME: 5:20 PM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: MILD IMPROVEMENT (since last Wednesday) SUGGESTION: LOCK - Market will continue to be volatile, keep close watch (see below for more commentary) VMG'S FIXED RATE PRICING…
DATE: Wednesday, September 23rd, 2015 TIME: 6:00 PM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: MILD IMPROVEMENT/STAGNANT (since last Wednesday) SUGGESTION: LOCK - Market will continue to be volatile, keep close watch (see below for more commentary) VMG'S FIXED RATE PRICING…
From CNBC: Investors will have at least one more month to worry about whether the Federal Reserve is raising rates. In the face of jittery financial markets and a global slowdown, the Fed blinked and held its key federal funds…
It’s understandable why a person might think that the way to understand where mortgage rates are going — and thus whether to lock in a home loan now, or refinance, or whatever major borrowing decision he or she is facing…
NMLS# 35986 VMG Weekly Rate Tracker- Your Local Mortgage Leaders (sharing is caring) DATE: Wednesday, July 1st, 2015 TIME: 5:30 PM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: WORSE (from last Wednesday) SUGGESTION: LOCK - Rates expected to rise and agency…
NMLS# 35986 VMG Weekly Rate Tracker- Your Local Mortgage Leaders (sharing is caring) DATE: Wednesday, June 17th, 2015 TIME: 3:30 PM PST STATES: OREGON & WASHINGTON CHANGE THIS WEEK: IMPROVEMENT (from last Wednesday) SUGGESTION: LOCK - Rates expected to rise and agency…
No change to interest rates -- at least not yet, says the Federal Reserve's rate-setting panel after this week's much-anticipated meeting. Fed Chair Janet Yellen and the other members of the Federal Open Market Committee, or FOMC, have four more…