A Simple Explanation Of The Federal Reserve Statement (November 2, 2011 Edition)

November 2, 2011 by · Leave a Comment 

Wednesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent.

Make Your Mortgage Rate Strategy : The Federal Reserve Starts A 2-Day Meeting

November 1, 2011 by · Leave a Comment 

The Federal Open Market Committee begins a scheduled, 2-day meeting today, the seventh of its 8 scheduled meetings this year, and the eighth Fed meeting overall.

A Simple Explanation Of The Federal Reserve Statement (September 21, 2011 Edition)

September 21, 2011 by · Leave a Comment 

Wednesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent.

The Fed Adjourns At 2:15 PM ET Today : What It Means For Mortgage Rates

September 21, 2011 by · Leave a Comment 

The Federal Open Market Committee adjourns from a two-day, scheduled meeting today, the sixth of 8 scheduled meetings this year, and the seventh Fed meeting overall. Mortgage rates will be volatile.

Capitalize On Low Interest Rates In Overlooked Places

September 14, 2011 by · Leave a Comment 

It’s no secret. Rates are low right now. And, it’s not just mortgage rates, either — all types of rates are scraping rock-bottom. Borrowing rates, lending rates and savings rates are at or near their all-time lowest levels.

Mortgage Rates Don’t Move With The Fed Funds Rate

August 19, 2011 by · Leave a Comment 

Mortgage rates and the Fed Funds Rate are two different interest rates; completely disconnected. Here’s a chart that proves it.

What Perks Does Your Favorite Credit Card Offer?

August 18, 2011 by · Leave a Comment 

Credit cards of all types do what they can to improve consumer loyalty. Offering free perks is just one way in which they try.

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Rita Kerins-Neighborhood Expert Chicago Real Estate Broker