• "Mortgage Rates Higher Following Fed Forecasts"

    5 days ago - By Calculated Risk

    From Matthew Graham at Mortgage News Daily: Mortgage Rates Higher Following Fed Forecasts
    Mortgage rates moved higher today, following the Fed's much-anticipated policy announcement. Although the Fed changed quite a few words from the announcement's previous iteration , it wasn't the announcement itself that did the damage. Rather, it was the Fed members' economic projections, which include an assessment of where the Fed Funds Rate will likely be at the end of the next few years.
    Specifically, a few of the Fed members who'd been holding out for slightly lower rates in 2018 moved their...
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