Government Mortgage Bailout
Image by Mike Licht, NotionsCapital.com via Flickr Government Mortgage Bailout Will the Government MortgageBailout help you and your family? Perhaps not. The Emergency Economic Stabilization Act of 2008 (Pub.L. 110-343, Div. A, enacted October 3, 2008), commonly referred to as a bailout of the US financial system, is a law authorizing the United States Secretary [...]
Fed, Rising Prices News Good For Mortgage Appliers
Some key economic news and data this week supports low mortgage rates. Mortgage applications dipped less than 2% for the week ended March 12, 2010, as mortgage rates for week were flat
Fed Extends Historically Low Interest Rates
Earlier today, Wednesday April 28th, the Federal Reserve announced that they are once again keeping bank rates near zero, continuing the trend of historically low rates. The statement released today was cautiously optimistic, stating that
Mortgage Rates Steady As Refinances Continue To Increase
Mortgage rates have been stuck on LOW. Federal Reserve Chairman Bernanke comments on jobs, what does that mean to mortgage rates? With little economic data to move the mortgage markets this past week mortgage rates have reacted to the stock markets’ ups and downs