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...
by Athena Paquette | Sep 25, 2016 | Blog, Home Owners, Investors, Realtors
The bid news was the Federal Reserve meeting The FOMC met again this month to decide whether to raise the prime rate. It looked to some like they might, but in the end more weak data gave them justification to put it off. Almost all experts expect them to raise the...
by Athena Paquette | Sep 10, 2016 | Blog, Home Owners, Investors, Realtors
This week was supposed to be quiet. And was when the markets were closed. Then the Japanese government announced that they will temporarily stop buying US Treasury Debt. Temporarily. Who knows when they will come back into our market? Hopefully it will be next week....
by Athena Paquette | Aug 20, 2016 | Blog, Home Owners, Investors, Realtors
Another quiet week in the markets, typical for late summer. What could have moved the markets and didn’t were the Consumer Price Index , which was unchanged, and housing starts were up 0.5%, building permits unchanged. So flat, flat, flat. The next day the data for...
by Athena Paquette | Jul 22, 2016 | Blog, Home Owners, Investors, Realtors
No big news means no change in the rates. This was a quiet week for economic news, so rates remain the same. Next week, though, all eyes on the Fed (FOMC) meeting and their announcement Wednesday at 2ET whether they will raise the prime rate, along with their outlook...
