Mortgage rates got a boost from the Federal Reserve yesterday as the Fed adjourned from its fourth scheduled meeting of the year. The nation's central banker voted unanimously 120 to keep the Fed Funds Rate in its target range near 5.25% while also changing course to reduce the pace at which it sells mortgage bonds from its balance sheet back into the market. The 12 combo, along with comments from Fed Chairman Powell, who still said he expects inflation to drop this year but with less conviction than he harbored before, gave Wall Street peace that the Fed's next move won't be a hike. After the meeting, 30year fixedrate mortgage rates dropped. Purchasing power for homebuyers improved. And if you're into this sort of thing, we've got an indepth review on our main channel. Head over, subscribe, check it out. Rates are better than what we saw last week. I'm Dan with Homebuyer.com, the mortgage company for home buyers. Happy homebuying.

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Homebuyer.com is powered by Novus Home Mortgage, a division of Ixonia Bank, NMLS 423065. www.nmlsconsumeraccess.org The content in this advertisement is for informational purposes only. Homebuyer.com is located at 230 Findlay Street, Cincinnati, Ohio 45214. Call Homebuyer.com at 5138248171. Novus Home Mortgage, a division of Ixonia Bank, is located at 20225 Water Tower Blvd, Suite 400, Brookfield, WI 53045. Reach Novus Home Mortgage by phone at 8443372548. We have no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the US Department of Agriculture, or any other government agency. US Government agencies have not reviewed this information, and this site is not connected with any government agency. Equal Housing Lender. Mortgage applicants are subject to credit and underwriting approval. Not all applicants will be approved for financing. The receipt of an application does not represent approval for financing or an interest rate guarantee. Restrictions may apply, contact Homebuyer.com for current rates and more information. All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Homebuyer.com does not guarantee the quality, accuracy, completeness, or timeliness of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be errorfree. Third parties may have provided some information in the publication, which Homebuyer.com has not necessarily verified. Homebuyer, its affiliates, and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action.

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