Posts from September 17th, 2020

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From Our Lending Partners at Idaho Central Credit Union

September 17th, 2020 by Coldwell Banker Tomlinson

The Fed Remains Accommodative; Retail is Bouncing Back

Neither the Federal Reserve meeting nor the economic data had much impact on mortgage markets over the past week. Rates again ended little changed, close to record-low levels.

At Wednesday's meeting, Fed officials confirmed what most investors had anticipated for quite a while. In short, to help support the economy, the Fed has no plans to raise the federal funds rate for the next few years. According to the statement, the Fed will maintain short-term rates near zero until the labor market reaches "maximum employment" and inflation has risen above 2%. Officials also r...

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Categories: News

Tags: Boise, ID, Area Information, Coldwell Banker Tomlinson, For sellers, For Buyers

Related Markets: Boise

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Posts from September 17th, 2020

From Our Lending Partners at Idaho Central Credit Union

The Fed Remains Accommodative; Retail is Bouncing Back

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