The Week Ahead: Will the Fed Raise Rates?

The Week Ahead: Will the Fed Raise Rates?

first_imgSign up for DS News Daily Radhika Ojha is an independent writer and copy-editor, and a reporter for DS News. She is a graduate of the University of Pune, India, where she received her B.A. in Commerce with a concentration in Accounting and Marketing and an M.A. in Mass Communication. Upon completion of her masters degree, Ojha worked at a national English daily publication in India (The Indian Express) where she was a staff writer in the cultural and arts features section. Ojha, also worked as Principal Correspondent at HT Media Ltd and at Honeywell as an executive in corporate communications. She and her husband currently reside in Houston, Texas. Previous: When Vets Fall Behind on Mortgage Payments … Next: Focusing on Home Prices in Daily Dose, Featured, News The Week Ahead: Will the Fed Raise Rates? Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Tagged with: Economy Fed FOMC Interest rates Jerome Powell Demand Propels Home Prices Upward 2 days ago Related Articles  Print This Post About Author: Radhika Ojha Economy Fed FOMC Interest rates Jerome Powell 2019-01-25 Radhika Ojhacenter_img The Federal Open Market Committee (FOMC) will meet on Tuesday and announce the results of this meeting on Wednesday at 2 p.m. EST. The announcement is a policy statement issued at the end of the FOMC meeting and offers updates on economic conditions as well as the status of the federal funds’ target or its official policy rate.Fed Chair Jerome Powell had announced the last fed hike of 2018 after the FOMC meeting in December. While the market was expecting this rate hike, the ninth one since 2015, the FOMC had said that it would assess the economic conditions “relative to its maximum employment objective and its symmetric 2 percent inflation objective,” to determine the target range for its federal fund rates. “This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments,” the committee said in a statement.While the conventional 30-year fixed-rate mortgage rates don’t always move in step with the Fed interest rates, they do impact short-term mortgage rates such as adjustable-rate mortgages as well as Home Equity Lines of Credit.Here’s what else is happening in the week ahead:AEI Housing Market Indicators Briefing, Monday, 11 a.m. ESTFirst American Real House Price Index, Monday 10 a.m. ESTS&P CoreLogic Case-Shiller HPI, Tuesday, 9:00 AM ETCensus Bureau Housing Vacancies and Homeownership report, Tuesday, 9 a.m. ESTMBA Mortgage Applications, Wednesday, 7:00 AM ETNAR Pending Home Sales Index, Wednesday, 10:00 AM ETFed Balance Sheet, Thursday, 4:30 PM ETFreddie Mac Primary Mortgage Market Survey, Thursday 10 a.m. EST The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago January 25, 2019 1,614 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / The Week Ahead: Will the Fed Raise Rates? Demand Propels Home Prices Upward 2 days ago Subscribelast_img

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