Zing Blog by Quicken Loans | Amazing Insights on Home, Money and Life

Inflation has gotten to be a real pain in the neck. At the last print, the consumer price index showed a year-to-year uptick of 8.6% in prices. This is the largest such increase in the reading since December 1981. The Federal Reserve wants to do something...

The Federal Reserve raising short-term interest rates by 0.5% was anticipated. Of much more interest to market participants was how the Fed planned to handle running down its investments made in the aftermath of the pandemic.
What you might find interesting is that mortgage pricing has actually gotten better in the aftermath of the announcement. If you’re in the market to buy a home or refinance, it’s a great day to lock your rate....

The Federal Reserve chose to raise interest rates for the first time since the beginning of the pandemic in an attempt to get inflation under control. That much was expected. What’s more interesting is that once per quarter, the Federal Reserve releases...

The Federal Reserve didn’t make any changes to its policy in terms of interest rates or mortgage bonds, but it teed up the potential for movement very soon. Because the Fed specializes in econo-speak, we’ve tried to put an analysis in plain English below...