Tag: Federal Reserve
How BAD are interest rates, really?
by Michael L. Baker, Sr. Mortgage Loan Officer at Fountain Mortgage. I deal in interest rates. All day, every day. And a question I get constantly from friends, family and clients is, “How BAD are interest rates now?” And honestly, that is a tricky question to answer. In today’s environment, over […]
Breaking Down The FOMC Statement; Dovish or Hawkish?
by Michael L. Baker, Sr. Mortgage Loan Officer at Affinity Mortgage. There were a TON of rather inconsequential verbiage changes in the Fed statement. Most of these are merely incidental. Here are a few that could connote some deeper meaning: 1. The Fed now says that economic activity has […]