We can’t be sure what the Fed will say or do this afternoon so if youâre floating a rate right now and wondering whether the time is right to lock, the safe choice is to lock before 2:15 PM ET today.
Today, in its first meeting in 5 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. The Fed Fund Rate remains within its target range of 0.000-0.250 percent.
Today, in its first meeting in 5 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. The Fed Fund Rate remains within its target range of 0.000-0.250 percent.
The Federal Reserve adjourns from a scheduled, 2-day meeting today. It’s one of 8 scheduled Fed meetings for 2010. Upon adjournment, Fed Chairman Ben Bernanke & Co. will release a formal statement to the market. In it, the Fed is expected to announce “no change” in the Fed Funds Rate. Mortgage rates, however, WILL change.
Mortgage Questions?
Follow Us On Twitter
- Existing Home Sales Climb 3.4 Percent In April http://t.co/0f4pUzQB
- Home Affordability Reaches New High In Q1 2012 http://t.co/bB0EhV1c
- Whatâs Ahead For Mortgage Rates This Week : May 21, 2012 http://t.co/dKAkp4Ws
- Is More Fed-Led Stimulus On Its Way? http://t.co/ryrOVWWj
- Single-Family Housing Starts Powers Ahead http://t.co/1b1pgrgO
Mortgage Calculator
$ % yrs % $ Mortgage Disclosures
This is not an offer to lend. All approvals are considered based on current guidelines.
⇒ Read Full Disclosure
















Guaranteed Rate 3940 N. Ravenswood Ave. Chicago, IL 60613 800.921.2430