YourDenverMortgageGuy

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Entries Tagged ‘the fed’

Here Are The Federal Reserve Meeting Minutes For 2015

Release Date: January 28, 2015 For immediate release Information received since the Federal Open Market Committee met in December suggests that economic activity has been expanding at a solid pace.  Labor market conditions have improved further, with strong job gains and a lower unemployment rate.  On balance, a range of labor market indicators suggests that […]

Mortgage Rates Hit a 9 Week Low…

The average interest rate on the 30-year fixed-rate mortgage fell to a nine-week low this week following the Federal Reserve’s decision to maintain its $85bn-per-month bond-buying program. The average rate for the 30-year FRM hit 4.32% this week, according to Freddie Mac’s Primary Mortgage Market Survey. That’s down from 4.50% last week, and the lowest […]

What The Heck Happened Last Week?

Here is the latest in Denver Mortgage Rates from Your Denver Mortgage Guy: WOW is about the only way to describe the last week in the mortgage and bond markets.  Followed by a US credit downgrade by S&P, FOMC shocking the markets with the bold statement of keeping rates low until 2013, talks of QE3, continued European banking concerns, strong […]