Today, as a result of the 7th meeting of the year by the Federal Open Market Committee, which voted 9-to-1 to leave the Fed Funds Rate unchanged, mortgage rates in California’s Inland Empire have improved by .125%!
Archive | FOMC
Should You Lock Your Mortgage Interest Rate Before The Fed’s Meeting This Week?
The Federal Open Market Committee begins a 2-day meeting today, its fourth scheduled meeting of the year, and fifth overall. There’s no expectation for the Fed to change the Fed Funds Rate but that doesn’t mean consumers should expect mortgage rates to remain unchanged, too.