The average U.S. rate on a 30-year, fixed-rate mortgage rose last week to 6.88 percent from 6.82 percent the week before, the Federal Home Loan Mortgage Corp. (Freddie Mac) reported.
Tag: Federal Reserve
Post
SPOTLIGHT: BIGS GETTING BIGGER
Merger and Acquisition took a break when the Federal Reserve and EU began aggressively raising interest rates from their zero and negative levels back in March and July 2022 respectively.
Post
MARKET LIQUIDITY CRISIS MEANS MUCH MORE WAR, AND HIGHER STOCK PRICES
The Federal Reserve REPO program involves the moving of VAST amounts of cash back and forth between itself and major financial institutions OVERNIGHT.
Post
GLOBAL CORPORATE DEFAULTS SPIKE FIVEFOLD
Last November, four corporations monitored by Moody’s Analytics defaulted on their debts. That number jumped to 20 in December, a fivefold increase.
Post
FED HOLDS RATES STEADY, PROJECTS THREE CUTS IN 2024
At its mid-December meeting, the U.S. Federal Reserve’s Open Market Committee not only froze interest rates at their current levels, but also said it expects to make three quarter-point rate cuts next year and drop rates by a full point in 2025.
Post
INVESTORS SNAP UP CORPORATE BONDS AT FASTEST PACE IN MORE THAN THREE YEARS
Believing that the U.S. Federal Reserve has completed its campaign of interest rate hikes, investors are buying corporate bonds at the fastest clip since July 2020, the Financial Times reported.
Post
ECONOMIC UPDATE – MARKET OVERVIEW
What a difference a month makes. The U.S. equity market continues its November spike.
Post
FED HOLDS RATES STEADY
On 1 November, the U.S. Federal Reserve announced it will continue to hold its key interest rates steady at 5.25 percent on deposits and 5.5 percent on loans. The Fed has not changed the rates since July.
Post
MORE CENTRAL BANK CURRENCY AND DEBT MANIPULATION. AND THE GREATEST TRANSFER OF WEALTH IN HISTORY.
Last week the Federal Reserve began a new phase of currency and debt manipulation on an unprecedented scale. And as a result, the U.S. stock market had its best week in terms of gains for the year.
Post
MORTGAGE RATES UP. WHAT’S NEXT?
The U.S. Federal Reserve’s high interest rates, abetted by inflation, are keeping U.S. mortgage interest rates above 7 percent.