Michael Isaacs

Fairway Independent Mortgage Corporation

  • (614) 383-7341
  • About
  • Blog
  • Mortgage Info
    • First Time Home Buyer Tips
    • First Time Home Seller Tips
    • Closing Costs
    • Home Appraisal
    • Home Inspection
    • Loan Checklist
    • Loan Process
    • Loan Programs
    • Mortgage FAQ
    • Mortgage Glossary
  • Reviews
    • Read or Write Reviews
    • Additional Reviews
  • Contact

FOMC Statement: Fed Holds Steady on Rates

January 28, 2016 by Michael Isaacs

According to statement issued at the conclusion of today's Federal Open Market Committee meeting, committee members decided against raising the target federal funds rate. Mixed economic conditions, slower economic growth in the 4th quarter and low inflation contributed to the decision against raising rates. The target federal funds rate was raised in December to a range of 0.25 to 1.59 percent after remaining at 0.00 to 0.25 percent for several years. While rising fed rates were expected to cause a hike in mortgage rates, mortgage rates fell after December's rate hike.

Continue Reading...

Filed Under: Market Outlook Tagged With: Federal Open Market Committee, FOMC, Janet Yellen, Market Outlook

FOMC Statement: Fed Holds Steady on Rates

January 28, 2016 by Michael Isaacs

According to statement issued at the conclusion of today's Federal Open Market Committee meeting, committee members decided against raising the target federal funds rate. Mixed economic conditions, slower economic growth in the 4th quarter and low inflation contributed to the decision against raising rates. The target federal funds rate was raised in December to a range of 0.25 to 1.59 percent after remaining at 0.00 to 0.25 percent for several years. While rising fed rates were expected to cause a hike in mortgage rates, mortgage rates fell after December's rate hike.

Continue Reading...

Filed Under: Market Outlook Tagged With: Federal Open Market Committee, FOMC, Janet Yellen, Market Outlook

What’s Ahead For Mortgage Rates This Week – December 21, 2015

December 21, 2015 by Michael Isaacs

Last week's scheduled economic reports included the NAHB Housing Market Index, Housing Starts, FOMC statement and Fed Chair Janet Yellen's press conference. In addition to weekly reports on jobless claims and mortgage rates, inflation reports were also released.

Continue Reading...

Filed Under: Market Outlook Tagged With: Federal Open Market Committee, FOMC, Jobless Claims, Market Outlook, NAHB

Federal Reserve Raises Short-Term Interest Rates

December 17, 2015 by Michael Isaacs

After prolonged speculation by economic analysts and news media, the Federal Open Market Committee of the Federal Reserve raised short-term interest rates for the first time in seven years. Committee members voted to raise the target federal funds rate to a range of 0.25 to 0.50 percent from a range of 0.00 to 0.25 percent to be effective December 17.

Continue Reading...

Filed Under: Market Outlook Tagged With: Federal Open Market Committee, Federal Reserve, Market Outlook

What’s Ahead For Mortgage Rates This Week – December 14, 2015

December 14, 2015 by Michael Isaacs

Last week's scheduled economic releases included reports on job openings, retail sales and consumer confidence in addition to usual weekly releases on mortgage rates and new jobless claims.

Continue Reading...

Filed Under: Market Outlook Tagged With: Federal Open Market Committee, Freddie Mac, Market Outlook

What’s Ahead For Mortgage Rates This Week – November 23, 2015

November 23, 2015 by Michael Isaacs

Last week’s economic events included reports the National Association of Home Builders Housing Market Index, Housing Starts and the release of minutes for the most recent meeting of the Fed’s Federal Open Market Committee. The details:

Continue Reading...

Filed Under: Market Outlook Tagged With: Commerce Department, Federal Open Market Committee, National Association of Home Builders

  • 1
  • 2
  • Next Page »
Michael Isaacs

Contact Michael


Branch Manager and Mortgage Loan Originator

NMLS #26591 • AZ License #BK-0904162
Licensed in: AZ, CA, CT, FL, IL, KS, KY, ME, MD, MO, NH, NJ, OH, PA, TN, VA.
State Disclosures: http://bit.ly/FIMCDisclosures

Direct: 614.383.7341
Office: 614.383.7341
Mobile: 614.361.7558
eFax: 866.367.2659
Michael.isaacs@fairwaymc.com
4215 Worth Avenue, Suite 220, Columbus, OH 43219
RATE QUOTE →
Leave Us a Review
Fairway
Company NMLS #2289

Connect With Me!

  • Facebook
  • LinkedIn
  • Twitter

Let’s Keep In Touch!

  • This field is for validation purposes and should be left unchanged.

Keep Up to Date with the Latest Mortgage News!

Calculate Mortgage Payments

Mortgage Calculator

Recent Articles

  • Key Points To Note When Drafting A Contract For A Remodeling Contract
  • Three Inexpensive Makeovers That Will Boost Your Home’s Appeal to Young Buyers
  • An Overview of Amortization: It Plays A Role In Monthly Mortgage Payments
  • DIY Lovers: ‘Greenify’ Your Home with These Three Eco-friendly Home Improvement Projects
  • What’s Ahead For Mortgage Rates This Week – March 1, 2021
Equal Housing Lender
Company NMLS #2289
For licensing information, go to: www.nmlsconsumeraccess.org

Privacy Policy | Terms of Use

Complaints may be directed to: (877) 699-0353 or Email us: customerservice@fairwaymc.com.
The content on this website is written by Michael and reflects his opinion, and not the opinion of Fairway Independent Mortgage Corporation.

Our Location


4215 Worth Ave
Columbus, OH 43219

Copyright © 2021 · Powered by MySMARTblog