Jay Hurst
The fed just cut mortgage rates right?
Well, no, the fed cut the fed funds rate which is the rate that big banks lend money to each overnight. Therefore, the Fed decides what the shortest-term loan cost will be. The market decides what every other interes...
AJ Satcher
Understanding How Mortgage Rates Are Affected by the Federal Reserve
Hello,I'm doing research into how the federal funds rate affects mortgage rates. I've seen that typically, 30 year fixed mortgages rates will be roughly the federal funds rate +2% (give or take factoring in other econ...
Erik Browning
Cash Out Refi's are now cheaper than HELOCs
HELOCs are no longer a favored option for this market.Before I give an example, it's a good idea to explain how HELOCs are calculated - because there are a lot of people on BP that do not know.HELOCs are adjustable, w...
Michael P. Lindekugel
Federal Funds rate how high will it go
how high will the Federal Reserve raise the federal funds rate? well, according to the Taylor Rule/Principal for monetary policy Volker and Greenspan monetary policy with inflation at 8.7%, then the federal funds rate...
Rebecca Belnap
The Feds Raised the rate today
Just got an email that the fed raised the rate by .25 today. That was expected. What wasn't expected is that instead of planning to do 2 more increases in 2017, they said in the meeting that they are planning 3. I'...
Dave W.
Mortgage rate lag time
How quickly/slowly will the mortgage rates fall following the Fed's reducing the federal funds rate to 0-.25%? Any idea of how far they'll go down? Our bank has offered us a re-fi, & I'm wondering if I should jump...
Jack Pyle
The Fed lowered Rates by 1/2%!! Why aren't mortgage rates coming down.
Many people tend to think that the Federal Funds rate controls interest rates. The Federal Funds Rate is the overnight lending rate that Federal Reserve Banks charge each other for overnight lending. (We individual ...
Sam Alex
effect on interest rates on market
hi,I'm planning to sell my old house to avail the capital gains exception, i have a few months left. My original thought was to wait out a couple more months and then put on the market - hoping to get a better price a...
Arthur Johnson
Using Margin Loans To Refi Mortgages for Investment Real Estate?
I have been thinking a lot about using margin loans to refi some loans in my buy & hold investment real estate portfolio (not using it as a bridge loan, but permanent financing). I know…I know it sounds like a bad...
Account Closed
The Fed just dropped rates
The Fed just dropped rates. This is their thought process. Information received since the Federal Open Market Committee met in June indicates that the labor market remains strong and that economic activity has been ri...