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Prime rate went UP, fixed rates went DOWN . . . What?

Prime rate went UP, fixed rates went DOWN . . . What?

by Athena Paquette | Mar 18, 2017 | Blog, Home Buyers, Home Owners, Investors, Realtors

The biggest news this week was that the FOMC met on Tuesday and Wednesday. Fed Chairperson Janet Yellen announced that they had voted to raise the Fed Funds rate by .25%.  We the public know that as the prime rate.  The markets felt great relief that they finally...

Why the Fed Didn’t Raise Rates, and…

by Athena Paquette | Feb 26, 2017 | Blog, Home Owners, Investors, Realtors

Another week of a little movement to the bad side and a little movement to the good side of rates leaves us flat… Next week JOBS JOBS JOBS could move rates… Monday was a holiday, so the markets were closed. Tuesday markets were quiet waiting for the Fed meeting...
Rates are up and inflation could be too…

Rates are up and inflation could be too…

by Athena Paquette | Feb 19, 2017 | Blog, Home Buyers, Home Owners, Investors, Realtors

2 big days with 2 different outcomes.  On Tuesday, Fed Chair Janet Yellen in her annual speech before Congress, called the Humphrey Hawkins testimony on monetary policy, suggested that “waiting too much longer to raise rates would be unwise” (i.e. prime rate). This...

What The Dodd Frank Rollbacks Mean for You, and…

by Athena Paquette | Feb 4, 2017 | Blog, Home Owners, Investors, Realtors

Lots of news; not much movement.   On Monday, the December personal income number came out 0.3% higher and spending was up 0.5% – not really interest- rate moving, but ironic that we earn 0.3% more and spend 0.5% more. Then Wednesday, the Institute of Supply...
Interest Rates Flat but Slightly Better . . .

Interest Rates Flat but Slightly Better . . .

by Athena Paquette | Jan 29, 2017 | Blog, Home Buyers, Investors, Realtors

This week had mostly weaker than expected economic data which helped interest rates only slightly. Tuesday the Existing home sales for December were weaker than expected, down 2.8%. Thursday the initial weekly jobless claims jumped up 22k to 259k and the December new...
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Athena Paquette, M.A.

Real Estate Broker
CA Bureau of Real Estate # 01142629
NMLS # 321683

Disclaimer

Athena Paquette offers educational information so you can make an informed investment decision. We do not endorse any particular investment, and we do not provide tax, legal, accounting, investment, or other professional advice. Please know that investing in any asset involves risk and you should therefore consult tax, legal and financial experts before investing as individual results may vary.

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