Tag Archives: Where Are Mortgage Rates Heading?

Where are rates heading? You may soon get more insight with a new proposal the Federal Reserve is weighing. The Federal Reserve doesn’t traditionally make a point to reveal its predictions for future actions on interest rates widely known to the public — that is, until recently. This summer in a rare step, the Fed announced that it would keep short-term interest rates at nearly zero until 2013. The Fed may start making it a tradition to reveal more with a regular forecast of its future decisions on interest rates. […]