Real Estate Finance Alerts

 - Futures indicate the FED will not change the FED Funds Target Rate at the September 16th FOMC meeting.  See the FED probabilities charts here.  The market also indicates the FED will keep rates steady until the end of 2008.  

- Remember, you still want to makes sure you lock your loan right away. 

- Just make sure you know the reprice policy of your lender before you lock your loan to protect yourself from higher rates AND still keep the ability to take advantage of any rate drops.