All Posts Tagged: mortgage

Instant Analysis: December FOMC statement

Scott Anderson
Chief Economist
Closeup of pillars on exterior of Federal Reserve building

The FOMC tiptoed into the taper pool by announcing a reduction in monthly asset purchases at today’s FOMC meeting, starting in January. Beginning next year, the Fed will be purchasing $75 billion a month in agency mortgage-backed securities and Treasury securities, a $10 billion reduction from the current pace of $85 billion.

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U.S. Outlook: Is the housing recovery back on track?

Scott Anderson
Chief Economist
homeprices_rise_crop

Recent October data suggests home sales bounced back from a summer swoon, but other factors are showing signs of weakness.

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