Rhonda Porter on 01 29, 2010 | No Comments
On Wednesday, to no surprise, the FOMC voted to not change the Fed Funds Rate. The press release reiterated they intend to stop purchasing mortgage backed securities by the end of this March. Th
Read MoreRhonda Porter on 01 8, 2010 | 1 Comment
It's the first Friday of the New Year which means it's Rain City Guide's first mortgage rate post for 2010 and as it's the first Friday of January, The Jobs Report was released today. Overall the
Read MoreRhonda Porter on 12 18, 2009 | 2 Comments
Earlier this week, the FOMC's Statement reiterated they will wind down supporting keeping mortgage rates artificially low by the end of March. So far this year, the Fed has spent a total
Read MoreRhonda Porter on 12 11, 2009 | No Comments
This morning's scheduled economic indicators, Retail Sales and Consumer Sentiment, both came in better than expected. Remember good news for the economy tends to be bad for mortgage rates as inves
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