Author Archives for Carter Wessman

About Carter Wessman

Carter Wessman is originally from the charming town of Norfolk, Massachusetts. When he isn’t busy writing about mortgage related topics, you can find him playing table tennis, or jamming on his bass guitar.

FOMC Minutes

Fed Minutes Show Rate Hike Could Happen ‘Fairly Soon’

February 22, 2017 3:05 pm Published by Leave your thoughts

According to the minutes from the Federal Open Market Committee (FOMC) meeting on Jan. 31-Feb. 1, Federal Reserve officials think that an increase in the federal funds rate might be appropriate “fairly soon.” Here is the main quote that financial market participants have picked up on: “Many participants expressed the view that it might be appropriate to... View Article


current mortgage rates

Current Mortgage Rates for Wednesday, February 22, 2017

February 22, 2017 11:27 am Published by Leave your thoughts

Welcome to the Total Mortgage Current Mortgage Rates Blog. Here’s your daily mortgage rate forecast/advice. Where are mortgage rates going? French Election and FOMC Minutes Moving Markets A few weeks back Treasury yields took a hit as the latest poll about the French presidential election caused investors to grow nervous that the far-right candidate Marine... View Article


current mortgage rates

Current Mortgage Rates for Tuesday, February 21, 2017

February 21, 2017 11:44 am Published by Leave your thoughts

Welcome to the Total Mortgage Current Mortgage Rates Blog. Here’s your daily mortgage rate forecast/advice. Where are mortgage rates going? Yesterday I said that Fed officials would likely echo Janet Yellen’s comments during their speaking engagements this week. Well, it’s only Tuesday morning and already we have Philadelphia Fed President Patrick Harker stating “I would... View Article


current mortgage rates

Current Mortgage Rates for Monday, February 20, 2017

February 20, 2017 11:00 am Published by Leave your thoughts

Welcome to the Total Mortgage Current Mortgage Rates Blog. Here’s your daily mortgage rate forecast/advice. Where are mortgage rates going? The U.S. markets are closed today in observance of Presidents’ Day. The rest of the week is fairly standard with a variety of economic data and speaking engagements from several Federal Reserve officials. The FOMC... View Article


current mortgage rates

Current Mortgage Rates for Friday, February 17, 2017

February 17, 2017 10:52 am Published by Leave your thoughts

Happy Friday and welcome to the Total Mortgage Current Mortgage Rates Blog. Here’s your daily mortgage rate forecast/advice. Where are mortgage rates going? Mortgage rates deviate from 10-year yield There’s not much economic data out this morning, and currently all the major U.S. stock market indexes are trading in the red. The yield on the... View Article


Janet Yellen March Rate Hike

Janet Yellen Keeps March Rate Hike in Play

February 15, 2017 3:31 pm Published by Leave your thoughts

Federal Reserve Chair Janet Yellen finished up speaking in Washington, D.C. today. Starting on Tuesday, she appeared before congress for her semiannual testimony on monetary policy. Day 1 was before the Senate banking Committee, and Day 2 was before the House Financial Services Committee. Whenever the Fed Chair makes public statements, financial market participants keenly... View Article