Home Loan Resources » Federal reserve interest rates http://www.idohomeloans.net Mortgage News And Updates Mon, 22 Feb 2010 18:30:04 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 The Federal Reserve did not lower interest rates this time. http://www.idohomeloans.net/mortgage-rates/the-federal-reserve-did-not-lower-interest-rates-this-time/ http://www.idohomeloans.net/mortgage-rates/the-federal-reserve-did-not-lower-interest-rates-this-time/#comments Wed, 25 Jun 2008 23:12:05 +0000 admin http://www.idohomeloans.net/mortgage-rates/the-federal-reserve-did-not-lower-interest-rates-this-time/ The Federal Reserve held interest rates steady and said the risk of inflation has grown but stopped short of signaling that higher interest rates were coming soon. The decision by the U.S. central bank, announced at the end of a two-day meeting, leaves the benchmark federal funds rate at 2 percent.

(Source: http://www.cnbc.com/id/25370711 )

We shall see how this plays out, but it looks as if the long term mortgage rates will start to come back down with this news.  That is great news for everyone looking to get a home loan.

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