Just announced by the Federal Reserve, no change in interest rates. Not much of a surprise. The entrire market is awaiting the Federal Reserve meeting with Ben Bernanke. They are even analyzing how he will look….. It will be an interesting day. Still very little movement in bonds and mortgage rates.
Fed Rate Decision Pending at 9:30 AM PT
The Federal Reserve Interest Rate decision is coming at 9:30 AM PT today. The bond auction received a C+ rating again today. Mortgage rates have opened slightly higher from yesterday. So far it is in the red. We will post more news and the impacts on rates as news breaks. NOTE: This is the first […]