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COVID-19 Delta variant could affect rates, mortgages, economist predicts
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COVID-19 Delta variant could affect rates, mortgages, economist predicts
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Mortgage Rates Hit New All-Time Low For 15-Year Loans
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Summer Swoon : Mortgage Rates Dip Further In Mid-July Throughout US
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Treasury rates drop amid Fed talks on economic stimulus â hereâs what that means for interest rates
By Kelsey Ramirez
The Federal Reserve
released its minutes Wednesday, showing increased discussions of when to remove its economic stimulus, sending interest rates and the stock market plummeting.
The Fed elected at the June meeting to keep the federal funds rate at a target range of 0% to 0.25%. But the meeting minutes showed that Federal Open Markets Committee members are increasingly debating when the federal stimulus should end.
And while the minutes also made clear that the Fed will provide ample warning before making any moves, this talk was enough to send investors away from their bets on surging economic recovery and rising inflation.