Rilian Ball

First Capital Group

  • Home
  • About
  • Buying a Home
  • Main Website
  • Get a Quote
  • Apply
  • Contact

Fed Monetary Policy: No Rate Increase in June

June 16, 2016 by Rilian Ball

According to its post-meeting statement issued Wednesday, the Federal Open Market Committee of the Federal Reserve voted not to increase its target federal funds rate. The target federal funds rate will remain at 0.250 to 0.50 percent. Based on review of current and anticipated financial and economic events, the Committee cited slowing job growth and momentum of inflation-based compensation as reasons supporting its decision. While the national unemployment rate recently fell to 4.70 percent, … [Read more...]

Filed Under: Mortgage Rates Tagged With: Fed Policy, Rate Hikes

First Capital Logo

Rilian Ball


Branch Manager
First Capital Group
NMLS# 202687

Browse Articles by Category

Get in Touch!

  • This field is for validation purposes and should be left unchanged.

Recent Articles

  • What’s Ahead For Mortgage Rates This Week – February 6, 2023
  • 3 Tips To Consider When Buying A Home With An FHA Mortgage
  • S&P Case-Shiller Home Price Indices: Home Prices Fall In November
  • Is It Worth It to Put More Than 20 Percent Down?
Rilian Ball
NMLS # 202687

Company NMLS: 35960
www.nmlsconsumeraccess.org

Search this website

Loan Options

  • 15 Year Fixed Rate Mortgage
  • 30 Year Fixed Rate Mortgage
  • FHA Home Loan
  • VA Home Loan
  • Jumbo Home Loan

Copyright © 2023 · Powered by MySMARTblog