2007 Dec 11
1 of 9 |
Federal Reserve slashes Fed Funds Rate to 4.25% - The Federal Reserve Open Market Committee ("Fed") today dropped its Fed Funds Rate, the overnight rate at which banks lend to each other, by a quarte......
2007 Sep 27
2 of 9 |
New Home Sales at Seven Year Low - The U.S. Census Bureau and the Department of Housing and Urban Development announced today that sales of new, single-family homes in August dipped 8.......
2007 Jun 15
3 of 9 |
How Much Home Can You Really Afford? - Most people take for granted how much home they can afford. If the real estate agent or mortgage professional tells you that you can get up to a $30......
2006 Sep 26
4 of 9 |
Long-Term Rates Plummet, Sparks Refinance Wave - The Federal Reserve kept short-term interest rates the same last week as long-term mortgage rates saw a significant drop. Homeowners have a huge oppo......
2006 Sep 08
5 of 9 |
Choosing the Right Option ARM - There are literally hundreds of mortgage loan "products" in the market these days, many of which are structured to provide homeowners flexibility. Op......
2006 Jun 14
6 of 9 |
Despite Fed's 16th Rate Hike, Mortgage Applications Rise - The market saw the Federal Reserve raise short-term interest rates 16 times in a row since mid-2004. But despite this, the number of applications for......
2006 Jun 09
7 of 9 |
Online Chat Helps Deaf Clients Get Mortgages - Lenders are continually making it easier for clients to get a mortgage and some are even using the Web to their best advantage. Clients can not only ......
2006 Jun 07
8 of 9 |
Fed Tough on Inflation, May Raise Rates Again - The Federal Reserve may raise short-term interest rates for the 17th time in a row at the end of the month. Homeowners with ARMs are having an increa......
2006 Apr 26
9 of 9 |
Mortgage Applications Fall, but Long-Term Rates Still Low - The number of applications for mortgages fell for a third week in a row, according to the Mortgage Bankers Association. However, long-term rates rema......