Market updates · Page 6

Hikes on Hold The Federal Reserve continued holding on interest rate hikes and finally started showing signs that rate cuts would be coming soon. After the December 12-13 Federal Open Committee Market (FOMC) meeting, the Fed not only paused

Rate Hike Pause Continues At the conclusion of the November 1, 2023, Federal Reserve meeting, the Fed continued the pause in interest rate hikes to the Fed Funds rate. This was a follow-through on the pause from the September

Loan Options As a mortgage consultant, it's important to me be able to educate clients to ensure that they understand the various financing options available to meet their needs. Today, I'd like to discuss a less commonly understood type

Still Waiting Mortgage interest rates have yet to make a significant move lower because the inflation numbers haven’t decreased enough to create more demand in the bond market. I had been hoping for rates to improve after the 5/10/23