There is much buzz regarding this week's Fed Meeting. While everyone expects rates to rise, the real concern is about whether there will be any hints as to where the Fed will go from here. Will the Fed continue with slow and steady increases, or something less methodical?

Mortgage rates have also been on a slow and steady rise, and the Fed's actions are considered one of the wild cards in the housing market, especially in red hot markets, such as Los Angeles.

Developing....