Pricing for both conforming and FHA mortgage rates improved between Monday and Friday, with the majority of gains occurring late in the week.
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday.
The minutes from the Federal Reserve's September Federal Open Market Committee meeting were released Thursday.
For the third straight week, mortgage rates improved. This week's jobs report threatens those gains, however.
Mortgage markets improved for the second consecutive week last week as demand for U.S. mortgage-backed bonds remained high.
Mortgage markets improved last week as the Federal Reserve introduced new economic stimulus.
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Thursday, while adding new market stimulus.
Breaking down the FOMC's August 1 statement.
The Federal Open Market Committee released its November 2011 meeting minutes, revealing a Fed split on whether new stimulus is needed for the U.S. economy.
Wednesday, the Federal Reserve released the minutes from its 2-day September meeting. The release shows a divided Fed in disagreement about the current U.S. monetary policy.