Fed Boosts Rates

After encouragement from the performance of the economy, the federal reserve boosted interest rates by 1/4 percent today. It is the fifth time this year they have done so.

The economy "appears to be growing at a moderate pace despite the earlier rise in energy prices and labor market conditions continue to improve gradually," the Fed said.

It figures. As soon as I decide to move, Greenspan gets me with another quarter point (not that mortgage rates necessarily mirror this movement)>