April's meeting of the Fed's Federal Open Market Committee was held along with the Board of Governors of the Federal Reserve System. Meeting minutes released Wednesday indicated the committee's interest in "normalizing" its monetary policy. This included the FOMC's ongoing commitment to tapering its asset purchases under its quantitative easing program. The committee agreed to taper the Fed's monthly asset purchases by $10 billion to $45 billion per month. Committee members discussed raising the target federal funds rate, which now stands at 0.00 to 0.25 percent, but the minutes clearly stated … [Read more...]
FOMC Minutes: Committee Discusses “Normalizing” Policy
April's meeting of the Fed's Federal Open Market Committee was held along with the Board of Governors of the Federal Reserve System. Meeting minutes released Wednesday indicated the committee's interest in "normalizing" its monetary policy. This included the FOMC's ongoing commitment to tapering its asset purchases under its quantitative easing program. The committee agreed to taper the Fed's monthly asset purchases by $10 billion to $45 billion per month. Committee members discussed raising the target federal funds rate, which now stands at 0.00 to 0.25 percent, but the minutes clearly stated … [Read more...]
What’s Ahead For Mortgage Rates This Week – May 27, 2014
Last week's economic news was dominated by speeches given by Federal Reserve presidents, the minutes from April's FOMC meeting and commencement address given by Fed Chair Janet Yellen. The latest readings for new and existing home sales were also released. Federal Reserve Speeches Suggest Concerns Over Monetary Policy Dependence, Low Inflation Here are highlights of comments made by each of the Fed presidents' speeches. Richard Fisher, president of the Dallas Fed, and John Williams, President of the San Francisco Fed, spoke at a conference held at the Bush Institute. Mr. Fisher said that 98 … [Read more...]
3 DIY Kitchen Upgrades That Will Boost Your Home Selling Price With Just A Few Hours Work
Homeowners who want to increase the appeal of their residence before putting it up for sale can, within a few hours and with a little elbow grease, perform some do-it-yourself (DIY) kitchen upgrades that are sure to pique the interest of would-be buyers. Many people either have or are in the process of listing their home, so it makes sense to do as much as possible to attract the interest of prospective purchasers. It need not cost a proverbial arm and a leg to boost the selling price of a home. Here are three DIY kitchen upgrades that will help homeowners gain a competitive advantage in the … [Read more...]
What’s In A Color? Six Paint Colors That Will Affect Your Mood
Believe it or not, paint colors can affect your mood. When remodeling your home, the color you use on the walls can end up being just as critical to the thematic consistency of your home as the furniture you use to decorate it. Before you slap any old color on the walls, take some time to consider what mood you'd like each room to inspire. Red, Yellow And Orange: The Colors Of Excitement, Hunger And Happiness Ever wonder why the dining rooms, kitchens and entertainment rooms you see in magazines always seem come in every shade of red? It's because these rooms are dedicated to eating and … [Read more...]
