30-year fixed mortgage rate remains stubbornly in place

The Federal Reserve meets next week, and the markets will be watching to see what significant news, if any, comes out of the meeting. It is possible that the Fed will announce a plan to begin reducing or tapering its bond-buying program. However, after a disappointing jobs report this month and this week’s tame inflation data, few experts expect the central bank to make such an announcement.

Source: WP