Friday, February 5, 2016

Fed raised the Federal funds rate in December: These declines are not what the market anticipated

Article Title: Average U.S. Mortgage Interest Rates Decline for 5th Straight Week
Snippet of Article: "...These declines are not what the market anticipated when the Fed raised the Federal funds rate in December. For now, though, sub-4-percent mortgage rates are providing a longer-than-expected opportunity for mortgage borrowers to refinance..."


Source: www.boston.com

[tag] Federal Employee News, Federal Civil Service, Federal funds rate, [/tag]