Articles Recently Tagged: The Fed

(22 posts)

The Fed Institutes a Rate Hike, Signals Four More in 2016

As predicted, the Federal Reserve has just raised interest rates for the first time since 2006, upping the target federal funds rate by 0.25 percent and signaling expectations for another four quarter-point increases in 2016. The Fed’s move raises the target federal funds rate from the near-zero mark it... Read More »

Odds of a Rate Hike Rise, 10-Year Treasury on the Move

According to activity in the futures market, the probability of a Federal Funds rate hike by the end of the year has jumped from 30 percent in October to 75 percent today.  And with her speech at the Economic Club of Washington yesterday, Federal Reserve Chair Janet Yellen continues to pave... Read More »

The Fed Positions for a Rate Hike next Month

While emphasizing that “no decision had been made,” the minutes for the Fed’s Open Market Committee meeting last month included new language to specifically highlight that a Federal Funds rate hike in December “may well become appropriate.” In the eyes of the futures market, the probability of a Fed... Read More »

Mortgage Rates Move Up, Odds of a Rate Hike Jump (Again)

Mortgage Rates Move Up, Odds of a Rate Hike Jump (Again)

The average rate for a conforming 30-year mortgage increased another 11 basis points over the past week to 3.98 percent, the highest rate since July. The average 30-year rate is now 39 basis point above the 2015 low of 3.59 percent recorded in early February and within 3 basis... Read More »

Mortgage Rates Move Up, Odds Of A Rate Hike Jump

Mortgage Rates Move Up, Odds Of A Rate Hike Jump

The average rate for a conforming 30-year mortgage increased 11 basis points over the past week to 3.87 percent, up 28 basis point from the 3.59 percent low for the year in February but 15 basis points below the 4.02 percent average rate at the same time last year... Read More »

Probability Of A Rate Hike In 2015 Down To 30 Percent

While mortgage rates ticked-up a few basis points over the past week, the average rate for a 30-year mortgage (3.82 percent) remains below four percent for the twelfth week in a row. And with Federal Reserve Governor Daniel Tarullo publicly challenging the Federal Reserve Chair’s suggestion last month that an increase... Read More »

Mortgage Rates Drop, Odds Of A Hike In 2015 Under 50 Percent

Mortgage Rates Drop, Odds Of A Hike In 2015 Under 50 Percent

While local employment remains on a tear, a weaker than expected U.S. jobs report spooked the market and drove Treasury rates down over the past week as assets shifted to safer investments.  And as such, the average rate for a 30-year mortgage dropped 9 basis points to 3.76 percent,... Read More »

Futures Market Says No, But Yellen Says Yes Re: Rate Hike

As of this morning, an analysis of the futures market put the probability of the Fed raising interest rates by the end of the year at 35 percent. But this afternoon, Federal Reserve Chair Janet Yellen indicated that the Federal Open Market Committee is likely to increase the federal... Read More »

Mortgage Rates Drop Along With Odds Of A Hike In 2015

Mortgage Rates Drop Along With Odds Of A Hike In 2015

With the Fed having balked at raising the Federal funds rate last week, the average rate for a 30-year mortgage dropped to 3.86 percent, down from 3.91 percent the week before and versus a 4.20 percent rate at the same time last year, according to Freddie Mac’s latest Primary... Read More »

Odds Against A Rate Hike This Month, Likely In December

According to an analysis of the futures market by the CME Group, the probability that the Fed will hike interest rates tomorrow currently stands at 23 percent with the probability of a rate hike increasing to 63 percent in December. If the market is correct, the rate hike will... Read More »