A Simple Explanation Of The Federal Reserve Statement (December 13, 2011 Edition)

December 13, 2011

Tuesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent.

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America’s Best Places To Raise A Family, Listed By State

December 13, 2011

BusinessWeek recently released its 2011 America’s Best Place to Raise a Family rankings. College-town Blacksburg, Virginia took top honors, breaking a 2-year win streak for the Chicago, Illinois region.

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What’s Ahead For Mortgage Rates This Week : December 12, 2011

December 12, 2011

The Federal Open Market Committee meets this week. Mortgage rates could get volatile.

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Reduce Long-Term Loan Costs With A 15-Year Fixed Rate Mortgage

December 9, 2011

For as low as 30-year fixed rate mortgage rates are today, 15-year fixed rate mortgage rates are even lower.

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Simple Real Estate Definitions : Tax And Insurance Escrow

December 8, 2011

Want a discount on your next mortgage rate? Tell your lender that you’re willing to escrow.

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Have Mortgage Rates Bottomed Out?

December 7, 2011

Mortgage rates have troughed. Or, so it seems.

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Fed Minutes Suggest New Economic Stimulus Next Week

December 6, 2011

The Federal Open Market Committee released its November 2011 meeting minutes, revealing a Fed split on whether new stimulus is needed for the U.S. economy.

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What’s Ahead For Mortgage Rates This Week : December 5, 2011

December 5, 2011

Mortgage markets made little change last week for the fifth time in as many weeks.

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More Housing Strength : Pending Home Sales Surged In October

December 2, 2011

After 3 consecutive months of easing, the Pending Home Sales Index jumped 10 percent in October, lending credence to the belief that housing is in recovery.

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Friday’s Jobs Report Represents A Big Risk To Low Mortgage Rates

December 1, 2011

At 8:30 AM ET Friday, the government’s Bureau of Labor Statistics will release its November Non-Farm Payrolls report. Have you been floating a mortgage rate? It may be time to lock.

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