Fed

06
Aug
2019

Fed Lowers Key Interest Rate For First Time Since Great Recession

CBC National Bank Federal Reserve 0 Comment

The Federal Open Market Committee of the Federal Reserve announced the first rate cut to its key interest rate range since the Great Recession ushered in a series of rate cuts described as “quantitative easing.” The Fed committee confirmed a quarter-point cut to 2.00 to 2.25 percent.

30
Apr
2018

What’s Ahead For Mortgage Rates This Week – April 30th, 2018

CBC National Bank Financial Reports 0 Comment

Last week’s economic reports included readings from Case-Shiller Home Price Indices, new and existing home sales and weekly readings on mortgage rates and first-time jobless claims.

16
Apr
2018

What’s Ahead For Mortgage Rates This Week – April 16th, 2018

CBC National Bank Financial Reports 0 Comment

Last week’s economic reports included readings on inflation, the minutes of the most recent meeting of the Fed’s Federal Open Market Committee and weekly reports on mortgage rates and first-time jobless claims.

09
Apr
2018

What’s Ahead For Mortgage Rates This Week – April 9th, 2018

CBC National Bank Financial Reports 0 Comment

Last week’s economic reports included readings on construction spending, mortgage rates and weekly jobless claims. Other labor-related claims included ADP payrolls, Non-Farm Payrolls and the national unemployment rate.

02
Apr
2018

What’s Ahead For Mortgage Rates This Week – April 2nd, 2018

CBC National Bank Financial Reports 0 Comment

Last week’s economic releases included readings from Case-Shiller, pending home sales, and consumer sentiment. Weekly reports on mortgage rates and first-time jobless claims were also released.

26
Mar
2018

What’s Ahead For Mortgage Rates This Week – March 26th, 2018

CBC National Bank Financial Reports 0 Comment

Last week’s economic releases included readings on new and pre-owned home sales and the Federal Open Market Committee’s customary post meeting statement. Fed Chair Jerome Powell gave his first press conference as Chair of the Federal Reserve and FOMC. Weekly readings on mortgage rates and first-time jobless claims were also released.

05
Feb
2018

What’s Ahead For Mortgage Rates This Week – February 5th, 2018

CBC National Bank Market Outlook 0 Comment

Last week’s economic releases included readings on pending home sales, Case-Shiller Home Price Indices and construction spending. The Federal Open Market Committee of the Federal Reserve released its monthly statement and weekly readings on mortgage rates and new jobless claims were released. Last week’s economic readings wrapped with a report on consumer confidence.

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