President’s Club

The Fed Minutes Keep Mortgage Rates On Hold (For Now)

The Federal Reserve released its December 14 meeting minutes Tuesday afternoon. There wasn’t much there to disturb mortgage markets, [...]

Fed Minutes Help Push Mortgage Rates To 4-Month High

Bond markets have not taken kindly to the Fed Minutes. The minutes show a propensity toward Fed “action”, most of which markets believe to be inflationary. Inflation leads to higher mortgage rates and that’s exactly what we’ve [...]

Fed Minutes Edge Mortgage Rates Higher

The Federal Reserve released its September 21, 2010 meeting minutes Tuesday afternoon. Mortgage rates are slightly higher [...]

The March Fed Minutes Explains Why Home Sales Weren’t Worse This Winter

From March’s Fed Minutes, it’s clear that the Fed’s concern about inflation is hugely diminished — a major plus for the mortgage bond market and mortgage [...]

Mortgage Rates Spike On The Federal Reserve’s January 2010 Meeting Minutes

The Fed Minutes is a follow-up document, delivered 3 weeks after an official FOMC meeting. It’s a companion piece to the post-meeting press release, detailing the debates and discussions that shaped our central bankers’ policy decisions. The Minutes is a terrific look into the Fed’s collective mind and, yesterday, Wall Street didn’t like what it [...]

Upon Closer Inspection, The Federal Reserve Isn’t 100% Positive About The Future Of The Economy

Both mortgage rates and home affordability took a turn for the better Wednesday after the Federal Reserve released its December 15-16, 2009 meeting minutes. [...]