All Posts Tagged: interest rate

Instant Analysis: Fed Chair Powell open to reducing rates

Scott Anderson
Chief Economist

Federal Reserve Chairman Jerome Powell, speaking at a conference at the Chicago Fed, said the Fed is willing to consider cutting interest rates to keep the U.S. expansion intact. He went on to say that the Fed is closely monitoring rising global trade disputes and the potential fallout on the U.S. economy.

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Instant Analysis: FOMC signals prolonged rate hike pause into 2020

Scott Anderson
Chief Economist
Federal Reserve building at dusk

The FOMC all but gave up their dreams of normalizing short-term interest rates, deciding to hold the Fed fund target rate between 2.25% and 2.50% at today’s FOMC meeting with 11 FOMC participants expecting the Fed funds rate to end 2019 at the same levels.  

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Adjustable vs. fixed-rate mortgage: How do I know which is right for me?

Victor Polich
Mortgage Banking
Rear view of young couple looking out huge glass wall of their house into an expansive yard as they ponder the future and moving boxes behind them.

Making sure you are educated about the advantages of both products will help you decide which is right for you.

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Numbers Count: Home remodeling index gains ground

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Man in jeans with tool belt carries a ladder walking on an empty room

Here’s my take on the key numbers on the housing market this week.

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Little-known mortgage savings tip: relationship pricing

Victor Polich
Mortgage Banking
couple_meet_banker_crop

When shopping for a mortgage, there is one question in particular you might not think to ask a potential lender.

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