Fed less optimistic about economy

New low-wage jobs aren't enough to stir inflation

Get Smarter. Grow Your Referral Network.
Limited seating available for Inman Connect San Francisco

Mortgages reached the mortgage-rate low for the week (and the year) immediately following the Fed’s meeting on Tuesday. Since then, low-fee, 30-year rates have drifted up from 5.25 percent toward 5.5 percent.