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Berkshire Hathaway - Verani Realty

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Bob Ramalho February 12, 2018

What’s Ahead For Mortgage Rates This Week – February 12th, 2018

Jerome "Jay" Powell was sworn in as Chair of the Federal Reserve amidst wild fluctuations in U.S. stock markets. Analysts attributed sliding stock prices to fears over inflation. Mr. Powell, who follows former Fed Chair Janet Yellen, introduced himself via a video clip on the Fed's website. Weekly readings on mortgage rates and new jobless claims were also released. New Fed Chair Promises "Transparency" in Video Introduction In a video introduction posted on the Fed's website, new Fed … [Read more...]

Filed Under: Market Outlook Tagged With: Fed Chair, Interest Rates, Market Update, Unemployment

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