Federal Reserve

03
May
2021

What’s Ahead For Mortgage Rates This Week – May 3, 2021

CBC National Bank Financial Reports 0 Comment

Last week’s economic reporting included readings from Case-Shiller Home Price Indices, data on pending home sales, and a statement from the Fed’s Federal Open Market Committee. The University of Michigan released its Consumer Sentiment Index and weekly reports on mortgage rates and jobless claims were also published.

23
Mar
2020

What’s Ahead For Mortgage Rates This Week -March 23rd , 2020

CBC National Bank Financial Reports 0 Comment

Last week’s economic reports included readings from the National Association of Home Builders on housing market conditions, Commerce Department readings on housing starts and building permits issued and National Association of Realtors(R) reporting on sales of previously-owned homes.

26
Oct
2018

Could Fed Interest Rate Hike Help Home Buyers?

CBC National Bank Real Estate 0 Comment

News of the Federal Reserve hiking interest rates appears to have caused unnecessary panic among people poised to purchase a first home or a larger one for a growing family.

27
Sep
2018

Fed Raises Key Interest Rate For 3rd Consecutive Time

CBC National Bank Real Estate 0 Comment

The Federal Open Market Committee of the Federal Reserve announced that it raised the target federal funds rate to a range of 2.00 percent to 2.25 percent. This was the third consecutive increase in the Fed’s key interest rate and was the eighth time the Fed raised its key interest rate since 2015.

13
Jun
2016

What’s Ahead For Mortgage Rates This Week – June 13, 2016

CBC National Bank Financial Reports 0 Comment

Last week’s economic news was highlighted by Fed Chair Janet Yellen’s speech in Philadelphia. Although Chair Yellen alluded to future Fed rate hikes, she did not specify when Fed policymakers would next raise the target federal funds rate.

16
Feb
2016