Fed rate stays steady, which should keep mortgage rates low

By Jason Boone Not that it was altogether unexpected, but the Federal Reserve voted on Wednesday to stand pat with its key federal funds rate. Still, such a move (or lack thereof) probably will be cause for relief for anyone worried that they might have missed their chance of grabbing a mortgage at a historically

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Despite hike, relatively low mortgage rates likely to continue

By Jason Boone The news was hardly surprising last week when the announcement came that the Federal Open Market Committee would be hiking the target range of the federal funds rate a quarter point. After seven years of a zero-interest policy, such a move from the Federal Reserve had been rumored for months as the

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