Friday, September 18, 2015

The Fed holds off on rate increase... for now


You’ve likely read a lot in the media lately about the Federal Reserve (Fed) and its review of its historically low interest-rate policy. At its most recent meeting, the Fed chose not to increase rates as the global market experiences ongoing volatility and slower economic growth. Of course, the Fed is closely monitoring the rate of inflation and job growth as the U.S. economy continues to slowly improve.  

 
 
These things are  almost always an influence on mortgage rates.   If you would like to see what the cost of a new mortgage for purchase or refinance is, just reply to this email.