by Jon Terry | Jun 27, 2012 | Blog, Federal Reserve, Mortgages
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday. For the fifth consecutive meeting, the Fed Funds Rate vote was nearly unanimous. Just one FOMC member, Richmond Federal...
by Jon Terry | Apr 4, 2012 | Blog, Federal Reserve, Mortgages
The Federal Reserve has released the minutes from its last FOMC meeting, a 1-day affair held March 13, 2012. Mortgage rates in Colorado are rising on the news. For the un-indoctrinated, 3 weeks after it meets, the Federal Open Market Committee, the sub-group within...
by Jon Terry | Dec 13, 2011 | Blog, Federal Reserve
Tuesday, 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 vote was nearly unanimous for the second straight month. Just one FOMC member dissented in the vote, favoring...