Real estate blog entries tagged with fed rate cuts

Blog entries tagged with "fed rate cuts":

fed rate cuts: FOMOC June Meeting - 06/27/08 12:43 PM

The Federal Reserve stopped lowering the discount rate at their June meeting and left the door open for raising the rate at their next meeting in August.The futures players are betting on a .25% increase at the next meeting. Kind of like Las Vegas, isn't it? However, the Fed did not use their … (0 comments)

fed rate cuts: Do Fed Rate Cuts equal Mortgage Rate Cuts? - 06/27/08 12:25 PM

I am constantly getting calls from clients asking if their rate is going down because the Fed announced a rate cut. Well, the quick answer is no. Fed rates often have an opposite effect on Mortgage Bonds. A great explanation of how this works was done recently by Barry Habib for … (0 comments)

fed rate cuts: How We Know That Prime Rate Will Likely Rise Before It Falls - 05/29/08 12:36 PM

Three weeks after adjourning, Federal Reserve officials release detailed minutes of their most recent meeting.
The April 30, 2008 minutes were released Wednesday and it affirmed traders' beliefs that the Federal Reserve will not be in a hurry to lower the Fed Funds Rate again.
This is bad news for two … (1 comments)

fed rate cuts: FOMC Minutes: What do they mean to the borrower & rates? - 05/21/08 12:36 PM

FOMC Minutes Each bar = $160,000

The Federal Open Market Committee consists of the seven Governors of the Federal Reserve Board and five Federal Reserve Bank presidents. The FOMC meets eight times a year in order to determine the near-term direction of monetary policy. Changes in monetary policy are … (0 comments)

fed rate cuts: Why don't mortgage rates lower when the Fed lowers rates? - 05/07/08 12:43 PM

Again I find myself wanting to share some information on something that everyone seems to be wondering about. Why is it that the Fed keeps lowering "the rates" but mortgage interest rates altough low aren't going down along with the Fed rate cuts, and sometimes even go up. The following information is again … (4 comments)

fed rate cuts: Rate Lock Advisory 04/30/2008 11:10am CST (update later this afternoon) - 04/30/08 11:12 AM

… (1 comments)

fed rate cuts: Oreo Cookies & Market trends - 04/24/08 06:27 AM

(original posting 4-24-2008)
Aloha!
Last week one economist described the current market as an ‘Oreo cookie'. Meaning we have had our first hard and crunchy outer part and now euphoria has hit as we get to the creamy center. But once the creamy center is gone we go right back to the hard … (1 comments)

fed rate cuts: How Mortgage Rates Benefit From 3 Months Of Worsening Employment Data - 04/12/08 07:47 PM

For the third month in a row, the economy shed jobs, suggesting that the U.S. is in a recession.
March's monthly loss of 80,000 jobs is the largest since March 2003 and follows January and February's losses of 76,000 each.
The weak data is edging mortgage rates lower as we head … (0 comments)

fed rate cuts: Are You Ready? - 04/11/08 10:15 PM

(original posting 3-18-2008)

ALOHA!!
(Realtors and Real Estate Professionals be ready tomorrow for a special announcement from "National Lending Agency")
This afternoon, the Federal Reserve announced that it had lowered the fed funds rate today by 0.75% to 2.25% and the discount rate by 0.75% to 2.50%.
But, guess what!!
Rates were better yesterday … (0 comments)

fed rate cuts: The Mortgage Adviser - 04/06/08 07:06 PM

The Mortgage Adviser
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How Mortgage Rates Benefit From 3 Months Of Worsening Employment Data
For the third month in a row, the economy shed jobs, suggesting that … (2 comments)

fed rate cuts: Taking a Bite out of the Credit Crunch! - 03/20/08 09:24 AM

I didn't go to College for Economics. In retrospect, perhaps I should of. I didn't go to College for Political Science. In hindsight, perhaps I should of. Instead, I graduated with a major in Psychology & minor in Philosophy. Something in me wanted to spend the rest of my life … (105 comments)

fed rate cuts: The Fed's rate cuts and its intended outcome - 03/18/08 03:02 PM

The feds Primary Job is to monitor and control to some extend the economy as a whole. there job is not just to provide low interest rates to the housing market.
One of the ways the fed can stimulate the economy is by cutting their rates. By cutting their rates money is … (2 comments)

fed rate cuts: Another Fed Rate Cut - 03/18/08 11:28 AM

Why don't they just make it zero and get it over with. The economy cannot be bailed out by the fed alone. Additional measures need to be taken. It could be time for the government to step in and start taking write downs on some of these mortgages....
GetPrequalified.com
ConsumerDave.blogspot.com
… (2 comments)

fed rate cuts: Will Fed rate cuts result in lower mortgage rates? - 03/02/08 01:30 PM

I get quite often calls from my clients and Realtor partners every time the fed cuts rates (more often than not these days) asking me Is it a good time to refinance now since rates should be lower due to the recent cuts?
The answer is it depends, how do you like … (6 comments)

fed rate cuts: People Are Sheep - Why We're Setting Ourselves Up For A Fall - 02/27/08 12:49 PM

People are sheep! At least when it comes to how they view and interact with the economy. For the most part, people don't want to know what's going on with our economy. The majority of people in this country are more than willing to close their eyes and wish for the … (4 comments)

fed rate cuts: "Which way did he go? Which way did he go?" - 02/21/08 12:28 PM

This phrase repeated often by Tweety Bird looking for Sylvester the Cat or Elmer Fudd looking for that "wasscally wabbit" Bugs Bunny but may also be the question you are asking as you are trying to 'catch' that right mortgage rate! Rates have been on a wild roller coaster ride the past three … (1 comments)

fed rate cuts: Builders Finding a Break Selling Business Condos - 02/03/08 06:21 AM

With all the excess residential inventory on the market, builders are being extremely leery of building new condo complexes in many regions of the country. However, Business Condos are selling, no they are not breaking any speed records, but they are selling well in many markets and holding their own. Of … (0 comments)

fed rate cuts: Who Cares About Falling Interest Rates? - 01/31/08 01:46 PM

The Fed rate cuts, glut of homes on the market and overall price reductions will certainly jump-start market activity throughout the country, but it still seems to me that more and more people have already been squeezed out of the housing market and it breaks my heart to know that so many people who really want … (2 comments)

fed rate cuts: No Such Thing As A Free Lunch - Why The Fed Cuts and The Stimulus Package Are Bad News - 01/30/08 04:16 PM

Today I came across several posts that spoke very enthusiastically about the fed rate cuts and the stimulus package that the Politicos in Washington DC are working on right now. And while I can understand people who work in an industry that has been beaten up as badly as the real … (2 comments)

fed rate cuts: FED Rate Cuts: How Low Can They Go? part II - 01/23/08 08:41 AM

After yesterday's emergency .75% rate cut by the Federal Open Market Committee (FOMC), I have received numerous calls and questions as to how low will the FED go and how low will Fixed Rates go? If you read my previous post on the FED Rate Cuts, you know that the two rates … (2 comments)

fed rate cuts: The Fed cut the Fed Funds Rate by .75% - 01/22/08 11:12 AM

View Video "Fed cut Rate by .75%"-- Click on the film strip or text link above and turn up your volume to view your video email from Jeff Pickering.
In a surprise move this morning - The Fed cut the Fed Funds Rate by .75%, lowering it to 3.50%. The Fed decided to hold a special meeting last night as US Stock futures were trading significantly lower and Stocks around the world sold … (2 comments)

fed rate cuts: Fed Rate Cuts by .75% (What does it mean?) - 01/22/08 09:48 AM

One of the most frustrating things for us in the mortgage industry is what I consider to be the very poor job the media does in educating the consumer on what the Federal Reserve is really about. Typically, you grab the newspaper and you see that the Fed lowered interest rates. Then the phones … (1 comments)

fed rate cuts: Feds expected to cut the rates again... more should be coming! - 12/11/07 09:17 AM

You may or may not know, that the Fed's are expected to meet today the 11th for a much anticipated rate cut! According to the Associated Press, they expect even more rate cuts to continue in the coming months ahead!
I believe that the Fed has been so cautious in cutting rates right … (5 comments)

fed rate cuts: What Will FED Do Next??? - 11/21/07 01:42 AM

Fed Forecasts Spur Traders to Ignore Warnings, Bet on Rate Cuts
By Scott Lanman
Nov. 21 (Bloomberg) -- The Federal Reserve's first set of quarterly economic forecasts fueled speculation that it will cut interest rates again, contrary to warnings by policy makers in the past two weeks.
The degree of … (0 comments)

fed rate cuts: Mortgage Market Update as of Friday, November 2nd - 11/02/07 09:28 AM

TGIF!!!!
Another crisp Fall day here in Michigan! I hope everyone had a fantastic Halloween and I hope everyone has scheduled an emergency dental appointment! :)
On the business front......
The best Jobs number in six months hit the wires this morning. Non-farm payrolls were reported at 166,000 for the month of October. This … (0 comments)

fed rate cuts: Mortgage News You Can Use October 4th, 2007 - 10/04/07 02:53 PM

The hubbub over the sub-prime mortgage meltdown has abated a bit. A month ago 151 major U.S. lending operations had imploded since late 2006. In the last month the number has increased to 161 operations. We have seen the Federal Reserve cut the Federal Funds Rate by .5% causing short-term rates … (0 comments)

fed rate cuts: Fed Cuts Rates - What Does it Mean? - 08/17/07 11:56 AM

The Federal Reserve has cut its primary discount rate, which is the rate at which it lends money to banks, from 6.25% to 5.75%
While this is obviously good news for the Stock Market it is not quite all it seems.The rate cut is its primary discount rate, which is the rate … (2 comments)