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What This Weeks Fed Meeting Means for Mortgage Rates
Tuesday, September 22, 2009It’s a virtual certainty that the Fed will not monkey with short term rates at the conclusion of this weeks meeting. But don’t be fooled. Just because they aren’t going to alter the Federal Funds rate does not mean that mortgage rates won’t be effected.
That’s because the Fed will also issue a policy statement. That document, in addition to giving the usual Fed take on the economy and the likel...
Original article from http://behindthemortgage.com/behind_the_mortgage/2009/09/what-this-weeks-fed-meeting-means-for-mortgage-rates.html
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