Mortgage rates have been falling since April, shedding more than 1 percentage point since the Refi Boom began. Today, that momentum could lose some steam.
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A Simple Explanation Of The Federal Reserve Statement (November 3, 2010 Edition)
Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged within in its current target range of 0.000-0.250 percent.
Mortgage Rate Lock Alert : Expect Rate Changes Wednesday Afternoon
The Federal Reserve ends a scheduled, 2-day meeting today. It’s the seventh of 8 scheduled Fed meetings in 2010, and the eighth overall this year. Mortgage rates should be especially jumpy.
Better Credit Scores Get Better Mortgage Rates
Mortgage approvals are primarily based on good income, good equity and strong credit, and, without all three, the best rates of the day remain out of reach. Do something about your credit score.
What’s Ahead For Mortgage Rates This Week : November 1, 2010
All things considered, it’s dangerous to float a mortgage rate this week. If you’re not already locked, talk to your loan officer prior to Wednesday afternoon.
*This is not an offer to lend. 
