Tag Archives: rates

Fed holds rates at zero amid ‘considerable risks,’ as economy ‘continued to recover’

Fed holds rates at zero amid ‘considerable risks,’ as economy ‘continued to recover’

The Federal Reserve on Thursday said the U.S. economy and employment improved since September, but held interest rates at near-zero as the economy continues to face “considerable risks” ahead. “Economic activity and employment have continued to recover but remain well below their levels at the beginning of the year,” the statement said. Little changed in the policy statement released by the Federal Open Market Committee (FOMC), which noted that financial conditions “remain… Source link

Read More »

Google Search mortgage tools: calculator, rates, definition

Google Search mortgage tools: calculator, rates, definition

Google on Wednesday updated its search engine with new tools for people shopping for mortgages, including a calculator, recent average mortgage rates and key terms homebuyers may need to know during the mortgage shopping process. Google teamed up with the Consumer Financial Protection Bureau to launch the new tools because it found that a lot of people were asking questions like “what is a mortgage?” and “what is APR?” among others.  The tools are available on phones when you search… Source link

Read More »