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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 […]