Articles Recently Tagged: Interest Rates

(41 posts)

Fed Officials Officially Drop Expectations of a Rate Hike in 2019

According to an analysis of the futures market, the probability of the Fed hiking the federal funds rate in 2019 had dropped to zero (0) as of last week, as we first reported at the time (and foreshadowed earlier this year). And according to the latest survey of Fed... Read More »

The Fed Signals Future Rate Hikes Are on Hold

In a move which shouldn’t catch any plugged-in readers by surprise, the Federal Reserve not only failed to raise interest rates today but signaled a more “patient” approach in its adoption of any future hikes. Despite the Fed having previously signaled expectations for two rate hikes this year, traders... Read More »

The Fed Raises Rates, Signals Two More Hikes in 2019

As projected, the Federal Reserve has just raised its benchmark Federal Funds rate, upping its target range by another 25 basis points to between 2.25 and 2.5 percent, while signaling expectations for two more quarter-point increases in 2019, down from a previously expected three. The Fed dropped the benchmark... Read More »

San Francisco Approaching Bubble Territory per UBS

San Francisco Approaching Bubble Territory per UBS

According to UBS Wealth Management’s Global Real Estate Bubble Index, the residential real estate market in San Francisco is increasingly overvalued and approaching bubble territory, while New York and Boston remain fairly valued and Chicago is undervalued, as was the case at the same time last year. The index... Read More »

Benchmark Mortgage Rate Drops to Three-Month Low

Benchmark Mortgage Rate Drops to Three-Month Low

Having slipped below 4 percent two weeks ago, the average rate for the benchmark 30-year mortgage dropped to 3.81 percent over the past week “as concern about a global slowdown grows and the resultant flight-to-quality continues to drive the 10-year Treasury yield down,” as we wrote a week ago... Read More »

Benchmark Mortgage Rate Back above 4 Percent and Forecast to Rise

Benchmark Mortgage Rate Back above 4 Percent and Forecast to Rise

For the first time in five months and following a post rate hike slip, the average rate for the benchmark 30-year mortgage is back above 4 percent having ticked up 5 basis points to an average rate of 4.01 percent on the last day of 2015. The current rate... Read More »

The Fed Institutes a Rate Hike, Signals Four More in 2016

As predicted, the Federal Reserve has just raised interest rates for the first time since 2006, upping the target federal funds rate by 0.25 percent and signaling expectations for another four quarter-point increases in 2016. The Fed’s move raises the target federal funds rate from the near-zero mark it... Read More »

The Fed Positions for a Rate Hike next Month

While emphasizing that “no decision had been made,” the minutes for the Fed’s Open Market Committee meeting last month included new language to specifically highlight that a Federal Funds rate hike in December “may well become appropriate.” In the eyes of the futures market, the probability of a Fed... Read More »

Probability Of A Rate Hike In 2015 Down To 30 Percent

While mortgage rates ticked-up a few basis points over the past week, the average rate for a 30-year mortgage (3.82 percent) remains below four percent for the twelfth week in a row. And with Federal Reserve Governor Daniel Tarullo publicly challenging the Federal Reserve Chair’s suggestion last month that an increase... Read More »

Futures Market Says No, But Yellen Says Yes Re: Rate Hike

As of this morning, an analysis of the futures market put the probability of the Fed raising interest rates by the end of the year at 35 percent. But this afternoon, Federal Reserve Chair Janet Yellen indicated that the Federal Open Market Committee is likely to increase the federal... Read More »