fed meeting on wed may cause rate bump: Fed Meeting On Wed. May Cause Rate Bump… - 09/14/14 10:45 PM

I have a mortgage rate update for you…
The Fed has their meeting on Wednesday. This meeting will include their policy announcements, as well as the Fed’s economic projections.
It is expected that the Fed will say they are going to continue their tapering of Bond purchases. This news will likely cause a bump in mortgage rates, because after all it’s the Fed’s Bond purchases that are keeping mortgage rates as low as they are.
Hopefully there won’t be any other bombshell’s that come out of the meeting, because the markets always seem to over react to this type of news.
At this … (2 comments)

 
Brett Sampson, Texas Lender (Berkshire Lending, LLC)

Brett Sampson

Texas Lender

Frisco, TX

More about me…

Berkshire Lending, LLC

Address: 660 North Central Expressway, 235, Plano, TX, 75074

Office: (888) 875-7675

Mobile: (214) 228-2279



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