A Simple Explanation Of The Federal Reserve Statement (September 21, 2010 Edition)

September 21, 2010

Today, in its 7th meeting of the year, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged.

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The Federal Reserve Meets Today. Should You Lock Your Rate Before It Adjourns?

September 21, 2010

If you’re actively shopping for a mortgage, it may be prudent to lock your rate ahead of the Fed’s announcement today.

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What’s Ahead For Mortgage Rates This Week : September 20, 2010

September 20, 2010

Mortgage markets were highly volatile, yet relatively unchanged last week in back-and-forth trading on Wall Street.

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Rent A Home Or Buy A Home : The Case For Both Sides

September 17, 2010

Is it better to rent a home, or to buy one? The answer may not be as clear-cut as you think. In this balanced, 3-minute joint interview from NBC’s The Today Show, you’ll hear the case for both sides.

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Home Defaults Dropped For The 7th Month In A Row In August

September 16, 2010

Despite foreclosure filings surpassing 300,000 for the 18th straight month, RealtyTrac’s monthly foreclosure report shows some bright spots for housing.

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Home Affordability Gets A Boost From Weak Back-to-School Retail Receipts

September 15, 2010

The recent rise in mortgage rates was slowed this week after the government released its Retail Sales report for August.

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The Math Of Choosing A Great Closing Date

September 14, 2010

Want a lower mortgage rate on your upcoming home buy? Think about moving up the closing date.

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What’s Ahead For Mortgage Rates This Week : September 13, 2010

September 13, 2010

A shift in Wall Street sentiment caused mortgage markets to worsen last week. Fears of a double-dip recession are easing.

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Your ARM Is Adjusting Lower. Is There A Downside To Letting It?

September 10, 2010

Adjusting conforming mortgages are adjusting to as low as 3 percent. If you have one, should you let your rate fall? Or refinance out?

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Which Model Is More Accurate : The Case-Shiller Index Or The Home Price Index?

September 9, 2010

As a home buyer and/or homeowner, should you put your faith in Case-Shiller’s results, or the Home Price Index. Perhaps, the answer is neither.

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