Fairway Independent Mortgage Corporation - Michael Isaacs

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What’s Ahead For Mortgage Rates This Week – February 16, 2016

February 16, 2016 by Michael Isaacs

Last week's economic events included weekly releases on new jobless claims, mortgage rates and testimony by Fed Chair Janet Yellen concerning the Federal Reserve's monetary policy.

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Filed Under: Market Outlook Tagged With: Federal Reserve, FOMC, Market Outlook

What’s Ahead For Mortgage Rates This Week – Feburary 8, 2016

February 8, 2016 by Michael Isaacs

Last week's scheduled economic news included reports on construction spending and several labor-related reports along with weekly reports on mortgage rates and new jobless claims. The details:

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Filed Under: Market Outlook Tagged With: Federal Reserve, Freddie Mac, Market Outlook

What’s Ahead For Mortgage Rates This Week – Feburary 1, 2016

February 1, 2016 by Michael Isaacs

Last week's economic events included S&P Case-Shiller's home price indexes, reports on new and pending home sales and the Fed's FOMC statement. The details:

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Filed Under: Market Outlook Tagged With: Case-Shiller, FOMC, Freddie Mac, 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.

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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 – January 25, 2016

January 25, 2016 by Michael Isaacs

Last week's scheduled economic news included releases from the National Association of Home Builders, Housing Starts, and Existing Home Sales. Weekly reports on new jobless claims and mortgage rates were also released.

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Filed Under: Market Outlook Tagged With: Freddie Mac, Jobless Claims, Market Outlook, National Association of Realtors

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Michael Isaacs

Contact Michael


Branch Manager and Mortgage Loan Originator

NMLS #26591
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
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The content on this website is written by Michael and reflects his opinion, and not the opinion of Fairway Independent Mortgage Corporation.

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