‘It is Time to Taper,’ Fed Reveals Economic Plan

November 4th, 2021
The Federal Open Market Committee (FOMC) met this weekend to approve plans to scale back its asset purchases amid improving economic activity and employment outlooks. As a result, Fed officials announced on Nov. 3 that it would begin “tapering” its...

Mortgage Rates Hold Firm Going Into Thanksgiving Weekend

November 26th, 2021
The 30-year fixed-rate mortgage (FRM) averaged 3.10%, unchanged from last week, according to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac. Mortgage details: 30-year fixed-rate mortgage averaged 3.10% with an average 0.7 point for the week ending Nov....

Mortgage Rates Inch Up Following Fed Policy Changes

December 17th, 2021
The 30-year fixed-rate mortgage (FRM) averaged 3.12% for the week ending Dec. 16, according to Freddie Mac’s latest Primary Mortgage Market Survey®. Mortgage rate details: The 30-year fixed-rate mortgage averaged 3.12% with an average 0.6 point, up from last week when...

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